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DW Fox Tucker Lawyers-Landmark Decision: Fair Work Commission Implements Historic Minimum Wage Hike

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Friday 16 June 2023

 

9 June 2023
By Ben Duggan and Nicholas De Pasquale
Employment, Workplace Relations & Safety


Landmark Decision: Fair Work Commission Implements Historic Minimum Wage Hike

Last Friday, 2 June, the Fair Work Commission (FWC) announced its minimum wage review decision for 2022-23.

A summary of the key wage increase that will apply from 1 July 2023 is as follows:

  1. The minimum modern award wage rates of pay will increase by 5.75%
  2. The national minimum hourly rate will be $23.23, an increase of $1.85 per hour
  3. The national minimum weekly wage will be $882.80 per week, an increase of $70.20 per week

We discuss some of the key aspects of the minimum wage review below.
 

To read the full article on our website, or download the PDF please click here.