How Much Have Wages Increased In 2024au. The seasonally adjusted wage price index (wpi) rose 0.7 per cent in march quarter 2022 for the second consecutive quarter,. Every year, the commission reviews the national minimum wage and minimum rates of pay in modern awards to decide if they should be increased.
The hourly minimum wage will be lifted to $21.38 from july, a 5.2 per cent increase, after the cost of living increased dramatically. The fair work commission has announced australia’s minimum wage and award wages will increase by 3.75 per cent, taking the national minimum wage to $24.10 per hour or $915.91 per week from.
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