
You'll likely see more cash in your bank account from July if you work in retail or hospitality.
The national minimum wage is jumping 6% to $26.44 an hour, while workers on modern awards get a 4.75% bump.
The Fair Work Commission just handed down its annual review, and for the first time ever, the weekly minimum wage is crossing the $1,000 mark. From July 1, the hourly rate hits $26.44 for a standard week. This affects about a fifth of the whole workforce, especially in sectors like retail and admin where modern awards are the standard.
Even though the extra money helps, the award increase is actually sitting just below the current 4.8% inflation forecast. It means this raise might just be about keeping your head above water rather than giving you a heap of extra spending power. Keep an eye on your first full pay cycle in July to make sure your boss has actually updated your rate.









