In contrast to this time last year, there was a broad consensus that the current performance of the economy had exceeded expectations, with economic recovery well underway. In essence, the economy had recovered to a greater extent and more quickly than was anticipated. However, although the economy is in a better position than last year, the FWC acknowledged that the risk of domestic outbreaks and ongoing disruptions are still prevalent issues.
Ultimately, the Panel determined that it is appropriate to increase the national minimum wage, and to adjust modern award minimum wages by 2.5%. The markedly better economy, the scheduled superannuation guarantee increase and the tax transfer changes all weighed in favour of granting a higher increase than was awarded last year.
The increase to the national minimum wage and modern award minimum wages will operate from 1 July 2021, other than the following Awards where the variations will come into operation on 1 November 2021:
- Air Pilots Award 2020
- Aircraft Cabin Crew Award 2020
- Airline Operations – Ground Staff Award 2020
- Airport Employees Award 2020
- Airservices Australia Enterprise Award 2016
- Alpine Resorts Award 2020
- Amusement, Events and Recreation Award 2020
- Dry Cleaning and Laundry Industry Award 2020
- Fitness Industry Award 2020
- Hair and Beauty Industry Award 2010
- Hospitality Industry (General) Award 2020
- Live Performance Award 2020
- Mannequins and Models Award 2020
- Marine Tourism and Charter Vessels Award 2020
- Nursery Award 2020
- Racing Clubs Events Award 2020
- Racing Industry Ground Maintenance Award 2020
- Registered and Licensed Clubs Award 2020
- Restaurant Industry Award 2020
- Sporting Organisations Award 2020
- Travelling Shows Award 2020
- Wine Industry Award 2020.
The General Retail Industry Award 2020 variations will come into effect on 1 September 2021.
To read the decision, click here.
Authors: Kathryn Maric and Morgan Barnsby
