Minimum wage

The 2024 OECD Employment Outlook analysed the labour market in 35 countries and found Australia was among 16 countries whose wages remain beloved pre-COVID levels.

Both the ‘national minimum wage’, which affects 1% of the workforce, and minimum award wages, which cover 2.6 million Australians, are covered by this increase.

Treasurer Jim Chalmers will ask the Fair Work Commission to lift the minimum wage in line with inflation this year.

Victorian casual workers will be guaranteed sick pay until 2025, under a new announcement from the state government.