From 1 July 2024, the National Minimum Wage will increase by 3.75%. This means the new National Minimum Wage will be $24.10 per hour, or $915.90 per week.

This increase will apply from the first full pay period starting on or after 1 July 2024. 

In addition to the tax cuts advised in May 2024, from 1 July 2024 the superannuation guarantee rate will increase from 11% to 11.5%.

Environmentally Sustainable Procurement Policy

The Australian Government’s new Environmentally Sustainable Procurement Policy will take effect from 1 July 2024. If your business supplies goods or services to the government, this means you’ll be required to undertake activities to substantiate environmental claims and demonstrate compliance with the policy.

Changes to Casual Employement Laws

There have been multiple changes to casual employment laws, which become effective from 26th August 2024, as reported in our March update.

These include:

• the definition of casual work
• the pathway to permanent employment
• employee and employer obligations.

The Right to Disconnect

Changes also become effective for the new Right to Disconnect legisation:

• non-small employers - 26 August 2024
• small employers - 26 August 2025

Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.