What Is The Average Salary Increase For 2024 In Australia

What Is The Average Salary Increase For 2024 In Australia. The fair work ombudsman reminds employers they should pay a 3.75 per cent minimum wage increase to eligible employees from the first full pay period starting. Published 3 june 2024 | updated 1 july 2024.

In australia, the average wage, as of 2024, is approximately aud 89,122 per year, which translates to aud 7,427 per month or aud 43.06 per hour. For 2024, companies in australia continue to project an overall salary increase of 4.0%, with the backdrop of a high inflation rate of 5.7%.