Episode 50
Increases to the National Minimum Wage and All Modern Award Pay Rates
Welcome to this weeks’ episode of The Australian Small Business Show!
This week we have a brief but important technical update for you after the Fair Work Commission announced its decision around the National Minimum Wage increase effective 1 July.
This year we have a 3.5% wage increase being applied to the National Minimum Wage and all Modern Award Minimum Wages effective 1 July 2025.
But really, in the scheme of the changes happening in the Industrial Relations legal landscape over the last 2 years, this isn’t the biggest change we need to ensure we’re across.
We have yet another increase to Superannuation on the 1st July 2025, and of course the final implementation phase of the Right to Disconnect laws in August 2025.
This is on top of the last 12 months significant changes to the casual employment definition, the new pathway for casual conversion and the constantly murky area of employees v’s contractors conundrum – all of which employers are still struggling to grapple with.
The reality is, as an employer it is our responsibility to proactively keep up with these changes, so if you’re not across them, now is the time to get support and ensure your business is not at risk.
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* Disclaimer: The information shared on The Australian Small Business Show is general in nature and does not constitute professional advice, legal or otherwise. We recommend consulting with your advisors on your specific circumstances.