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On 5 July 2007, the Commission handed down its second wage decision. The decision increased minimum wages from $13.47 to $13.74 per hour, or $10.26 a week for wages below $700, and by $5.30 for wages above $700. The rise took effect from the first pay period commencing on or after 1 October 2007.
The Australian Fair Pay and Conditions Standard was a set of five minimum statutory entitlements for wages and conditions introduced as part of the Howard government's WorkChoices amendments to Australian labour law in 2006 and then abolished by the Fair Work Act 2009 in 2010. The five statutory entitlements the Standard dealt with were:
First, the Fair Work Commission sets a basic "national minimum wage" each year for all employees not covered by a specific "modern award", as a catch all safety net. From July 2023, the national minimum wage was $23.23 an hour, or $882.80 a week of 38 ordinary hours. [59]
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The Australian National Minimum Wage is the minimum base rate of pay for ordinary hours worked to any employee who is not covered by a Modern Award or an Agreement. [5] In 1896 in Victoria, Australia, an amendment to the Factories Act provided for the creation of a wages board. [6]
A special team headed by former Australian representative Ian Schubert deals with salary cap issues and monitors teams on a yearly basis. [2] As of 2019 the salary cap is $9.6 million for the top thirty players at each club. The minimum wage for each of those players for 2019 is $105,000. [3]
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On 14 December 2005, the Australian Fair Pay Commission was established under the Workplace Relations Amendment (WorkChoices) Act 2005.The responsibility of the commission includes the setting of the standard federal minimum wage, [4] replacing the role of the Australian Industrial Relations Commission that took submissions from a variety of sources to determine appropriate minimum wages.