Australia Increases Minimum Wage for 2015-2016

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By Jared Mondschein

June 26— The Fair Work Commission, Australia's national workplace tribunal which annually announces minimum wage adjustments, issued a draft order that the national minimum wage would increase 2.5 percent to A$656.90 ($507.68) per week from A$640.90 ($495.98) or A$17.29 ($13.36) per hour from A$16.87 ($13.05) beginning July 1, 2015.

The government's online resource for the Australian business community confirmed the changes to occur on July 1, 2015.

The Fair Work Commission's final order on the national minimum wage, which will incorporate any additional changes as the result of suggested amendments, will be published prior to July 1.

To contact the reporter on this story: Jared Mondschein at jmondschein@bna.com

To contact the editor responsible for this story: Michael Baer at mbaer@bna.com

The government's online resource for upcoming changes relevant to the Australian business community is available at http://www.business.gov.au/news-and-updates/News-and-features/Pages/summary-of-the-key-changes-for-business-starting-on-1-july-new-financial-year.aspx.

The Fair Work Commission draft minimum wage order is available at https://www.fwc.gov.au/awards-and-agreements/minimum-wages-conditions/annual-wage-reviews/annual-wage-review-2014-15-15.

More information on payroll issues in Australia can be found in the Australia country primer.