Australian Minimum Wage Increased by 3.75% for Next 12 Months

Monday, 3 June 2024, 05:36

The Fair Work Commission has approved a 3.75% pay rise for minimum wage workers in Australia, setting the hourly wage at $24.10 from July onward. This increase outpaces the government's projected inflation rate, providing a boost in income for these workers over the next year.

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Australian Minimum Wage Increase

The Fair Work Commission in Australia has announced a 3.75% pay rise for minimum wage workers, raising the hourly wage to $24.10 from July onwards.

Outpacing Inflation

The approved increase surpasses the government's forecast inflation rate, ensuring a real wage gain for low-income earners.

Key Points:

3.75% pay rise for minimum wage workers
Hourly wage set at $24.10
Outpacing government's inflation forecast

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.