Minimum Wage Increase 2022

Minimum Wage Increase 2022

Changes to Minimum Wage Starting July 2022 The Fair Work Commission has announced an increase to the Minimum Wage from 1 July 2022. The Panel has awarded an increase of $40.00 to the National Minimum Wage (NMW), which amounts to an increase of 5.2 per cent. The NMW...
Super Rate Increase and Removal of Threshold

Super Rate Increase and Removal of Threshold

Superannuation Changes As of 1 July 2022, the super rate will increase from 10% to 10.5%. For salary and wage payments made on or after 1 July 2022, the new superannuation guarantee contribution rate of 10.5% will apply. Super guarantee contributions for the quarter...