Australian Minimum Wage July 2023

2023/24 Australian Minimum Wage.

On 2 June 2023, the Fair Work Commission announced it will raise the national minimum wage by 5.2% from 1 July 2023, taking the permanent workers minimum wage to $23.23 per hour, or $882.80 a week for full-time workers.

Casual Workers minimum wage 2023/24.

The national … Read the rest

Does a base salary include super and income tax in Australia?

Under Australian legislation, your employer must generally pay 10.5% on top of your salary into a super fund.

This means that your base salary is before Super.

It is also before tax.

So, if you earn $76,700 as a base wage, your employer must pay an extra $8,053.50 into your … Read the rest

Are the salaries advertised in Australia normally inclusive or exclusive of superannuation?

Super is a contribution on top of your salary and wages.

A quoted salary or wage, must be just that, your salary or wage, and you should expect Super to be in addition to that, at the rate specified by law. This rate can change by law.

An employer is … Read the rest

Average Australian Earnings Nov 2022

November 2022 Average Earnings.

ABS estimates for average weekly ordinary time earnings for full-time adults (seasonally adjusted):

Males:
$2,091.20 (public).
$1,874.40 (private).

Females:
$1,857.50 (public).
$1,573.00 (private).

This averaged out at a 3.4% increase in the last 12 months to November 2022.

Note: Average wages are often about 20% higher Read the rest

Employment Tax comparison.

Employment Tax comparison Australia, USA and UK.

The following employment income deduction percentages include the Income Tax and combined employee/employer Social Security contributions.

Tax Wedge in 2021.

  • 2021: 27.1% Australia
  • 2021: 28.4% USA
  • 2021: 31.3% UK
  • 2021: 34.6% OECD average.

Tax Wedge in 2000.

  • 2000: 31.0% Australia
  • 2000: 30.8% USA
Read the rest

Unpaid Wages: Luke’s Bakery, Reservoir, Melbourne

Legal action against Luke’s Bakery in Melbourne.

The Fair Work Ombudsman has commenced legal action against the former operators of a Vietnamese bakery in Melbourne.

Facing court are VUF Investments Pty Ltd, which formerly operated ‘Luke’s Bakery’ in Reservoir, and its sole director, Hoang Long Vu.

The regulator began an … Read the rest

Unpaid Wages: HCM Café Fresh Q Lunch.

Legal action against take-away food outlet in Melbourne.

29 September 2022.

The Fair Work Ombudsman has commenced legal action against the operators of a take-away food outlet in Melbourne.

Facing court are The Carers Portland Inc, which operates ‘HCM Café Fresh Q Lunch’ based at Dandenong South, and its secretary, … Read the rest