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25 June, 2012

Changes to the minimum wage in the new financial year

As a result of the 2012 review, Fair Work Australia has raised the national minimum wage by 2.9%. The weekly minimum wage for an adult working full time is $606.40 per week, or an hourly rate of $15.96. Exceptions apply to workers not covered by an award agreement, trainees, apprentices, juniors and disabled employees.

These new rates commence 1st July, 2012.