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Minimum wage to go up 4.75 per cent to $26.44 per hour

2026-06-02 News & Politics
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Sky News Australia
Sky News Australia
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Description

The Fair Work Commission has approved a 4.75 per cent minimum wage increase, giving a pay rise to almost three million Australians. It will increase to $26.44 per hour, coming into effect on July 1.

Top Comments (10)

@They-Them-68-Genders 2026-06-02

The issue is that the workers will have to pay 32% tax on the 4.75% meaning that they will get 3.23% increase in their after tax income. But the current inflation is 4.2% as of March 2026. That means their wage increase went down by 0.97% compared to inflation.

12
@NonCompliant-n6s 2026-06-02

We all should get a $20,000 pay rise like politicians GET.

10 1 replies
@avaraxxblack5918 2026-06-02

Yes but when you account for inflation over the past few decades. It should be like $60 an hour. Just to have the same purchasing power as the minimum wage a few decades ago. It's a disgrace.

11
@jamessykes2760 2026-06-02

Remember this: When the minimum wage goes up, less money goes to those that make the least.

6 4 replies
@dmarshall8366 2026-06-02

$978 per week less tax is hardly a living wage. If inflation is at 4% you have to protect the lowest paid or they will fall into even more hardship.

5
@PollyphonicMonkey 2026-06-02

And they’ll take it back in taxes

8 6 replies
@Gen_X_Man 2026-06-02

I have done some rough analysis of this wage increase and it may increase inflation by around 1%.

4 1 replies
@LazeKnight 2026-06-02

This just in looks like the cost of everything will be going up by over 5%! More like 10% to 100% soon when the food shortages kick in!

6 2 replies
@davem3325 2026-06-02

OH HOW DARE THEY INCREASE WAGES OF REAL WORKERS!!!! WILL SOMEBODY THINK IF THE BILLIONAIRES!!!

7 5 replies
@mjmack633 2026-06-02

So if business is suffering because of consumer confidence; it stands to reason giving a pay rise to consumers would be a good thing ... but no because its apay rise to the lowest wage earners it's bad for business ... the same business's that put prices up due to inflation, and raised them again when fuel prices went up and again when interest rates went up and of course up again with the changers to negative gearing and CGT

3

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