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Big Changes Ahead For Australian Workplace In 2023: Minimum Wages, Paid Parental Leave, Superannuation, And Aged Care Sector To Be Affected

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As we stand on the brink of the second half of 2023, the Australian workplace is set to undergo a significant transformation. Effective from the 1st of July, these updates will bring about a new era of employment law, impacting minimum wages, paid parental leave, superannuation guarantees, and the aged care sector.

Uptick in Minimum Wages Starting from July

The Fair Work Commission’s Annual Wage Review 2022-23 has announced a noteworthy increase in the National Minimum Wage. Starting from 1 July 2023, employees will receive a minimum of $882.80 per week or $23.23 per hour. This increase will be applicable from the first full pay period starting on or after this date. In addition, award minimum wages will see a rise of 5.75%.

Revamped Paid Parental Leave Scheme

Significant changes are set to redefine the Paid Parental Leave scheme from 1 July 2023. Partnered couples can claim up to 20 weeks’ paid parental leave between them, while parents who are single at the time of their claim can access the full 20 weeks. These changes will affect employees whose baby is born or placed in their care on or after 1 July 2023.

Boost in Superannuation Guarantee

The superannuation guarantee is set to increase from 10.5% to 11% from 1 July 2023. For a deeper understanding of your super obligations or entitlements, you can contact the Australian Taxation Office (ATO) for help and advice.

Uplift in Aged Care Sector Wage

Starting from 30 June 2023, direct care and some senior food services employees in the aged care sector will receive a 15% wage increase. This increase applies to eligible employees covered by the Aged Care Award, Social, Community, Home Care and Disability Services Industry (SCHADS) Award, and Nurses Award. It will take effect from the start of the employee’s first full pay period on or after 30 June 2023.

Changes in Supported Employment Services Award

From 30 June 2023, the Supported Employment Services Award will undergo changes, including minimum rates, classifications, and supported wage assessments. For more information, please contact us.