The Fair Work Commission announced on June 15 that the national minimum wage will rise by 5.2% beginning on July 1st. This amounts to a rate of $21.38 per hour or $812.60 per week, affecting more than 2.7 million Australians who receive minimum wage.
The Fair Work Commission evaluated the new minimum wage in its Annual Wage Review 2021-2022, as President Iain Ross says that in the “context of inflation” the commission is aware of the vulnerability of low paid Australians.
With inflation hitting 5.1%, Prime Minister Anthony Albanese said that the wage increase “makes a difference to those who are struggling with the cost of living”.
The Prime Minister described low wage workers as “heroes who saw us through the pandemic” at a press conference addressing the new national minimum wage.
We welcome the Fair Work Commission’s announcement of a $1.05 an hour pay rise for Australians on the minimum wage.