The National Minimum Wage increase to $915.90 per week or $24.10 per hour. 

Other changes from 1 July 2024 

From 1 July 2024, there are other changes employers and employees should know about. These include: 

New end dates for the additional fixed term contract exceptions 

Closing Loopholes 

There are changes to the Fair Work Act as part of the new ‘closing loophole’ laws.  These could impact you or your business, so make sure you’re prepared for the changes. 

• changes as part of the ‘closing loopholes’ laws including: 
• new rules for right of entry permits and exemption certificates 
• changes to rights and protections for workplace delegates under awards, enterprise agreements and workplace determinations. 

From 26 August 2024, there are further changes. These could impact you or your business and including: 

• a new definition to help determine the meaning of ‘employee’ and ‘employer’. 
• changes to casual employment including how casual work is defined, the pathway to permanent employment, and employee and employer responsibilities. 
• a new right to disconnect for eligible employees (this doesn’t apply to small businesses until 26 August 2025).  Eligible employees will have the right to refuse employer, or third party contact outside of working hours. 
• new minimum standards and protections for ‘employee-like workers’ in the gig economy and certain industries. 

For a visual snapshot of all the closing loopholes changes, including when they start, check out the easy-to-read timeline. 

For more information on enterprise bargaining and agreement changes, check out the visual summary below.- 

Learn more about other changes at 2023 - 2024 Annual Wage Review. 
  

Other Changes 

From 1 July 2024, other changes include: 

• an increase to Parental Leave Pay to 22 weeks. Visit Services Australia’s website for more information on Paid Parental Leave scheme changes 
• increase to the amount of unpaid flexible parental leave for children born or placed for adoption from 1 July 2024 
• an increase to the high income threshold to $175,000 
• an increase to the superannuation guarantee to 11.5%. For more information, visit the Australian Taxation Office’s Super guarantee page 
• an increase to the unfair dismissal compensation cap to $87,500. For more information, visit the Commission’s Compensation for unfair dismissal page.
   

Updated Fixed Term Contract 

The additional temporary exceptions to the use of fixed term contracts in some industries have been extended.  An updated version of the Fixed Term Contract Information Statement is now available. Employers must give every employee engaged on a new fixed term contract a copy of the Fixed Term Contract Information Statement (FTCIS) when they enter a contract with an employer. 

Stay up to date 

Subscribe to Fair Work Ombudsman email updates so you don’t miss out on keeping up to date.  It only takes a few minutes to sign up.  You can also follow the Fair Work Ombudsman on social media for other announcements and reminders.