Fair Work increases minimum wage by 35 cents per hour

The Fair Work Commission has handed down its 2020 wage decision, with the minimum wage increasing by 1.75 per cent to $753.8 or $19.84 per hour (a 35c per hour increase on the minimum wage).

In keeping with recent years’ decisions, modern award rates will also increase by 1.75 per cent. Apprentice and trainee rates will increase by proportionate amounts. Tranche 1 will commence on July 1, 2020. This includes frontline health and social assistance workers, teachers, childcare and essential services. Tranche 2 will commence on November 1, 2020, and includes construction and manufacturing. Tranche 3 will commence on February 1, 2021, and includes the sectors most heavily affected by the current Covid-19 crisis, including accommodation, food services, arts, aviation, retail trade and tourism. This decision affects all employees to whom a modern award applies. Employers who have enterprise agreements in place will need to ensure that the base rate of pay is at least equal to the new minimum.

Click for more or got to: www.fairworklawyers.com.au

Meanwhile, John Dardo, Chief Digital Officer of the ATO has thanked businesses and tax agents for supporting the move to myGovID with adoption significantly exceeding forecasts.

“Despite an extremely challenging start to 2020, Australia has successfully achieved a once-in-a-generation technology change that’s delivered immediate results,” he says.

“As fate has it, myGovID and Relationship Authorisation Manager (RAM) will probably be one of the greatest enablers for agents and businesses responding to the COVID-19 impacts. myGovID enables the flexibility for business or agents to work remotely. It enables a secure login to online environments so they can access JobKeeper payments,” he says.

“If you haven’t already, I encourage you to download myGovID and link your business before tax time.”

You can find out more about myGovID at: www.ato.gov.au/mygovid