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Home » July 1 EOFY changes begin; Sydney, Melbourne house prices fall; Trump birthright citizenship bid struck down by US Supreme Court
Australia

July 1 EOFY changes begin; Sydney, Melbourne house prices fall; Trump birthright citizenship bid struck down by US Supreme Court

News RoomNews RoomJune 30, 2026No Comments
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July 1 EOFY changes begin; Sydney, Melbourne house prices fall; Trump birthright citizenship bid struck down by US Supreme Court

Millions of workers will get a pay rise from the first full pay period after today after the Fair Work Commission approved a 4.75 per cent increase to award wages. Workers on the minimum wage will get a 6 per cent boost.

The increase takes the minimum annual wage, based on a 38-hour working week, to above $50,000 a year for the first time. It will hit $1004.90 a week, or $26.44 an hour, up from $948 a week and $24.95 an hour last year.

Australian Council of Trade Unions Secretary Sally McManus urged workers to compare their final June payslip with their first full payslip after July 1, to confirm the new rate has been correctly applied by their employer.

“July is pay rise month for millions of Australian workers. It’s not just those on award wages, but many collective agreements have pay rises that also kick in on 1 July,” she said.

“It’s important that everyone who is affected checks their payslips this month to ensure their employer is paying what unions fought for and so they can experience the cost-of-living relief that comes from extra pay.”

Workers who are concerned they may not have received the wage rise should keep records of their pay slips, contact their union or call Australian Unions on 1300 486 466, McManus said.

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