Each financial year the Commission reviews and sets minimum wages. These are the draft determinations for the Annual Wage Review 2023–24.
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Minimum wage rates draft determinations
On 3 June 2024, the Expert Panel of the Fair Work Commission issued the Annual Wage Review 2023–24 decision [2024] FWCFB 3500 to change modern award minimum rates.
The changes will take effect from the first full pay period that starts on or after 1 July 2024.
The method we used to adjust modern award minimum wages is outlined in the Method of adjustment to wages (pdf).
Expense-related allowance draft determinations
Commission staff have prepared draft determinations adjusting expense-related allowances in modern awards for the applicable Consumer Price Index figure.
The draft determinations adjusting wages and expense-related allowances in the following awards have now been published for comment.
The Commission is seeking feedback on these draft determinations. Any corrections or amendments to the draft determinations below are due no later than 4 pm on Friday, 14 June 2024.
Notes
Note 1: There are no expense-related allowances in this award.
Note 2: There will be no increase to the expense-related allowances in this modern award as there was no increase in the applicable CPI index figure.
Method for adjusting expense-related allowances
The method we used to adjust expense-related allowances in modern awards in 2024 is outlined in the Expense-related allowances guide to methods of adjustment (pdf).
Consolidated list of expense-related allowances
Commission staff have prepared a list of expense-related allowances adjusted for the applicable Consumer Price Index figure for modern awards being varied on 1 July 2024.
Downloaded the spreadsheet Expense-related allowances in modern awards 2024 (Excel).
Supported wage system draft determination
Following the Annual Wage Review 2023–24 decision [2024] FWCFB 3500, the Expert Panel will issue a determination in relation to the Support Wage System schedule in some modern awards. The determination will take effect from the first full pay period on or after 1 July 2024.
A draft determination has been published for feedback.