Increases to National Minimum Wage, Modern Award Rates & Employer Superannuation Contributions
The Fair Work Commission (FWC) has today handed down the Annual Wage Review 2021-22 decision, to increase the National Minimum Wage and Modern Award Rates of Pay. National Minimum Wage Increase: The National Minimum Wage will increase by $40 per week, which amounts to a 5.2% increase from 1 July 2022. The new National Minimum Wage will be $812.60 per week, or $21.38 per hour. Modern Award Rates Increases: The Modern Award minimum rates of pay will increase by 4.6% to be im