The start of the 2019/2020 financial year sees new pay rates be implemented. The first full pay period of the new financial year will see a minimum wage increase of 3%. New rates of $740.80 per week or $19.49 per hour apply to the national minimum wage. These rates are applicable to employees not covered by an award or agreement.
The Penalty rates have also been amended in the Hospitality and Fast Food awards industries.
This article was written based on information supplied from Knowledge Shop Newsletter July 2019.
The material and contents provided in this article is of informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained.