New Australian financial year 2023-2024: Actions for Employers
• 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 […]