10/06/2026
Fair Work Award Wages Increase from 1 July 2026.
From the first full pay period on or after 1 July, minimum award wages will increase by 4.75%.
For employers, this is an important reminder to review payroll systems, award classifications, employment contracts and pay rates before the new financial year begins.
A few key actions to consider:
✅ Check which modern awards apply to your employees
✅ Update minimum wage rates from the correct pay period
✅ Review allowances, overtime, penalty rates and loadings
✅ Ensure payroll software is updated
✅ Communicate changes clearly with your team
At Loyalty Accounting, we can help businesses prepare for these changes by reviewing payroll setup, checking award rates, updating payroll systems, and ensuring staff are paid correctly from the applicable date.
Staying compliant is not just about avoiding underpayments. It also helps build trust with employees and supports a fair workplace.
Need help getting payroll ready for 1 July? Contact Loyalty Accounting today on 03 9462 1825.