The Fair Work Commission’s expert panel for annual minimum wage review has just handed down its federal minimum wage decision as part of the annual wage review 2016-17.
The panel has awarded a 3.3 per cent increase to the federal minimum wage and has applied that increase to modern awards.
The new minimum wage will be $694.90 per week or $18.29 per hour.
A statement issued by the panel is available online.
This decision comes into effect 1 July.