2023 National Minimum Wage Increase in Australia

June 2023
Region: Asia Pacific
Effective from 1 July 2023, the Fair Work Commission (FWC) has announced a 5.75% raise to Australia's National Minimum Wage (NMW), as well aligning it with a higher classification within the Manufacturing Award (effectively providing those paid the NMW with an 8.6% pay increase). The FWC has also announced an increase to modern award minimum wages of 5.75%.  In this article, our Labour & Employment team outline the Fair Work Commission’s decision, as well as outlining practical next steps that employers should take in preparation for the 1 July 2023 increases.