Fair Work Commission Hands Down Annual Wage Review Decision

On 30 May 2019, the Fair Work Commission handed down their 2019 annual wage review decision.

While your Chamber, through the Australian Chamber of Commerce and Industry, argued for a 1.8% increase, which would have seen award wages keep pace with inflation, the Commission did not agree.

It was announced that there would be a 3% increase to the minimum wage which will come into effect on 1 July 2019. This wage increase will bring the national minimum wage up to $740.00 per week and $19.49 per hour.

This decision will increase the wages of around 2.2 million employees on award wages. It is not just the less than 2% of employees who are on the minimum wage who will receive a wage rise. It will cost Australian employers an additional $3.1 billion per year.

This wage increase will affect all Modern awards, and we will be sending out updated wage sheets and the applicable Awards to our members.

To ensure that you receive the most accurate information, please email us the name of the Award/s that apply to your business to wradvice@canberrabusiness.com.