Fair Work Wage Decision 2024. Fair work handed down a substantial boost last year — 5.75 per cent for awards and 8.6 per cent for the national minimum — with the commission basing its call on a. Any interested party, including individuals, organisations and academics, can make submissions to the fair work commission about the annual wage review each year.
The fair work commission has released its 2024 annual minimum wage decision, awarding a 3.75% increase to the national minimum wage rate and to award rates of pay. Effective july 1, 2024, the salary threshold will increase to the equivalent of an annual salary of $43,888 and increase to $58,656 on jan.