NEW AUSTRALIAN FINANCIAL YEAR 2023-2024: ACTIONS FOR EMPLOYERS
Date: June 27, 2023· The Fair Work Commission (FWC)’s decision on minimum pay increases the national minimum wage by approximately 8.6% and minimum modern award rates by 5.75%. · The superannuation guarantee rate is 11% effective from 1 July 2023. The superannuation rate is currently scheduled to progressively increase to 12% by July 2025. · The high income… > READ MORE