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On 5 July 2007, the Commission handed down its second wage decision. The decision increased minimum wages from $13.47 to $13.74 per hour, or $10.26 a week for wages below $700, and by $5.30 for wages above $700. The rise took effect from the first pay period commencing on or after 1 October 2007.
First, the Fair Work Commission sets a basic "national minimum wage" each year for all employees not covered by a specific "modern award", as a catch all safety net. From July 2023, the national minimum wage was $23.23 an hour, or $882.80 a week of 38 ordinary hours. [59]
On 14 December 2005, the Australian Fair Pay Commission was established under the Workplace Relations Amendment (WorkChoices) Act 2005.The responsibility of the commission includes the setting of the standard federal minimum wage, [4] replacing the role of the Australian Industrial Relations Commission that took submissions from a variety of sources to determine appropriate minimum wages.
Australian households are under broad financial pressure from high inflation, which spiked as high as 7.8% in December 2022, before slowing to 5.4% in the third quarter of 2023. That has dented ...
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The Australian National Minimum Wage is the minimum base rate of pay for ordinary hours worked to any employee who is not covered by a Modern Award or an Agreement. [5] In 1896 in Victoria, Australia, an amendment to the Factories Act provided for the creation of a wages board. [6]
The minimum wage for permanent government workers was ؋6,000 (US$74) per month (Afs. 72,000 per annum). There was no minimum wage for permanent workers in the private sector. [10] 858: 3,272. 40 0.41: 1.57. 168.3 % 2017 Albania: L39,086.94 (US$430) per month (480,000 lek per annum). The law establishes a 40-hour workweek, but the actual ...
Australia's Labor government will introduce legislation to close "loopholes" in workplace law, a move opposed by employer groups fearing higher costs, when parliament returns on Monday. Workplace ...