05/06/2026
Minimum Wage Increase – What It Means for Your Business
From 1 July 2026, the Fair Work Commission has announced an increase to the National Minimum Wage and modern award wages. The National Minimum Wage will rise to $26.44 per hour ($1,004.90 per week for a full-time employee), while most award rates will increase by 4.75%.
Business owners: Now is the time to review your payroll, employee pay rates, budgets, and cash flow forecasts to ensure you’re ready for the changes.
At K.I.S Bookkeeping & Business Services, we can help you stay compliant and understand how these wage increases may impact your business.
📞 Need help reviewing your payroll obligations? Get in touch today.