FAIR WORK COMMISSION INCREASES MINIMUM RATES BY 2.5%
The Fair Work Commission has increased all Modern Award Rates by 2.5%.
The Increases will take effect from 1st July 2021, except for sectors most affected by the Coronavirus Pandemic.
The award increase will happen in three stages.
Most awards will increase from 1st July 2021.
Wages in the Retail Award will increase from 1st September 2021.
Rates in 21 other awards will increase from 1st November 2021.
These awards include:
- Amusement Award
- Fitness Award
- Hair and Beauty Award
- Hospitality Award
- Nursery Award
- Registered Clubs Award
- Restaurant Award
- Wine Award
The Federal Minimum Wage will also increase from 1st July 2021.
The new Minimum Weekly Wage will be $772.60 ($20.33 per hour).
For further information, refer to the summary in the following link >> Summary of decision, Annual Wage Review 2020-21 [2021] FWCFB 3501 (16 June 2021)