Economy/Finance Summary: On 2 June 2015 the Fair Work Commission (FWC) awarded a 2.5 per cent increase to all modern Award wages and lifted the national minimum wage to $656.90 or $17.29 per hour. The increase will take effect from the first full pay period commencing on or after 1 July 2015.
On 2 June 2015 the Fair Work Commission (FWC) awarded a 2.5 per cent increase to all modern Award wages and lifted the national minimum wage to $656.90 or $17.29 per hour. The increase will take effect from the first full pay period commencing on or after 1 July 2015.
Updated Wage Bulletins will be made available once the Awards have been formally varied by FWC to give effect to the decision.
Members seeking further information should contact the IR Department on (03) 9411 4560.
Builders across Victoria are rolling up their sleeves to help complete unfinished projects as the industry continues to forge.
If you are engaging in domestic building work valued at over $10,000, then the Domestic Building Contracts Act 1995 (Vic).
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