Fair Work Wage Review 2024 Fair Work. The fair work act 2009 sets out the objectives of the review. 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 fair work commission has warned that stalled productivity and falling profits in the retail and hospitality industries remain barriers to reversing the fall in real wages since the. Amendments to the fair work act by the incoming labor government in 2022 gave it new tools to close the gap by addressing the undervaluation of work in traditionally female.
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