Business Changes Coming 1 July

June 30, 2024
Business News

New Minimum Wages

The minimum wage for both national and state industrial relations systems will increase from the first pay on or after 1 July, 2024.


If your business operates under the Federal Award for more details visit the Fair Work website - https://www.fairwork.gov.au/about-us/workplace-laws/annual-wage-review/2023-2024-annual-wage-review

If your business operates under the WA ste industrial relations system, please refer to the Wageline website - https://www.commerce.wa.gov.au/node/264

Superannuation

The super guarantee will increase from 11 percent to 11.5% on 1 July, 2024. For further details please visit https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/super-guarantee

Employment conditions

For businesses operatiung under the national industrial relations system there will be changes to the terms and conditions for casual employment  (https://www.fairwork.gov.au/about-us/workplace-laws/legislation-changes/closing-loopholes/casual-employment-changes

and independent contractors visit  https://www.fairwork.gov.au/about-us/workplace-laws/legislation-changes/closing-loopholes/independent-contractor-changes

Remember if you are a member (under 30 employees) with us you have automatic and free membership with our peak body CCIWA in Perth who have experts to help you navigate these changes.
You will need to quote your CCIWA number so if you need assistance with this please ring our office on 9791 2292, otherwise log on at our member portal to find it.

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