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All the latest news and events from the Bookkeeping Industry

Advice to Business Owners

Increase to minimum wage starts 1 July 2013!

For those bookkeepers who handle Payroll, it's time to get your clients informed on pay changes! This morning the Fair Work Commission ruled that the 1.5 million Australians who rely on awards or the national minimum wage to set their pay rate will receive a pay rise of around $16 a week.

Key Facts:

  • The national minimum wage will now be $622 a week, or $16.37 per hour.
  • Each year, Australia’s national workplace relations tribunal sets a minimum wage.
  • Australia’s minimum wage, which will remain $606 a week until July 1, represents about $31 500 a year.

Find out more about the news annoucement in The Age.

Category
ABN
Published
03 Jun 2013
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