15/06/2026
The Fair Work Commission has announced increases to the National Minimum Wage and minimum award wages, with the new rates taking effect from 1 July 2026. Approximately 2.8 million Australian workers will be impacted by the changes.
For employers, this is an important reminder that the end of financial year isn't just about tax planning and reporting. It's also the ideal time to review payroll systems, employee classifications, award coverage, and budgeting for the year ahead.
A few questions worth asking before July 1:
>Are your payroll systems ready to apply the new rates?
>Have all employees been correctly classified under the relevant award?
>Have labour costs been factored into your budgets and forecasts?
>Are your managers aware of any changes that may affect rostering or workforce planning?
Taking the time to review your setup before 1 July will reduce the risk of payroll errors and ensure your business is as prepared as possible.