Fair Work Annual Wage Review 2024. Awards are legal documents that outline minimum pay rates and conditions of employment for an industry or occupation. The sec continued to roll out new regulations across a wide variety of topics in 2024, and the end of the sec’s fiscal year on.
On 3 june 2024 the fair work commission handed down its decision in the annual wage review, resulting in a 3.75 per cent increase to the national minimum wage and all modern award minimum wage rates effective from 1. The commission decided to increase the national minimum wage.