Australia has a government-mandated minimum wage, and no worker in Australia can be paid less then this mandatory minimum rate of pay. Employers in Australia who fail to pay the Minimum Wage may be subject to punishment by Australia’s government.
The national minimum wage is currently $18.93 per hour or $719.20 per 38 hour week (before tax). Casual employees covered by the national minimum wage also get at least a 25% casual loading. For award and agreement-free junior employees, the percentage scale in the Miscellaneous Award 2010 is applied to the national minimum wage.
Australia Minimum Weekly Wage 2007-2018 | Data | Chart | Calendar. The 3.5 percent increase is well above the 1.9 percent rate of inflation, meaning a real rise in wages of 1.6 percent for Australia’s lowest paid workers. Minimum Wages in Australia averaged 615.17 AUD/week from 2007 until 2018, reaching an all time high of 719.20 AUD/week in 2018 and a record low of 522.12 AUD/week in 2007.
It means an extra $15.80 per week for the 1.8 million workers who are paid the minimum wage. It will apply from July 1 and equates to a minimum hourly rate of $17.70.
The minimum may be increased more than $1 above the federal minimum wage if cumulative inflation, as measured by the CPI-U, is larger than the percentage change in the federal minimum wage since December 31, 2004.
Current National minimum wage in Australia. Australia’s national minimum till 30th June 2018 (i.e. for the period 1st July 2017 to 30th June 2018 ) is $18.29 per hour or $694.9 per 38 hour week. This is …
“Australia already had the second-highest national minimum wage in the world [just behind France] and today’s decision runs the risk of further harming the competitiveness of Australian
“The minimum wage should be set to keep pace with wages.” The SDA, the union which represents retail and fast food workers, said the increase was “the shot in the arm the Australian economy
Minimum wages in Australia depend on the industry or job a person works in. Calculate minimum wages here. Minimum wage reviews. Each year, the Fair Work Commission reviews the national minimum wage and pay rates under awards. The Fair Work Ombudsman is committed to providing advice that you can rely on.
Notes / Footnote. Special national minimum wage III: applies to junior employees. Special national minimum wage V: applies to a trainee who is not an apprentice Minimum wage varies with years of schooling. Currently it varies from A$287.90 – A$585.80 per week. The minimum wage for a trainee is set in schedule E
May 14, 2015 · Australian workers on the minimum wage make the equivalent of $10.38 per hour, which works out to $9.54 after tax. The U.S. ranked 11th on the list, with a federal minimum wage of $7.25 per hour. That leaves workers with take-home pay of $6.26 per hour.
Jan 29, 2019 · Minimum wage advocates love to point to Australia’s $16.88 an hour minimum as evidence that a very high wage floor needn’t stifle a country’s growth. After all, Australia …