Useful figures for Financial Year 2024

Minimum wage from 1/7/23

$882.80 per week (8.6% increase)

$23.23 per hour ($29.04 casual)

$45,905.60 pa ($57,382.00 pa – casual)

Modern Awards increased by 5.75%

Unfair dismissal threshold from 1/7/23

$167,500 (max payout is $83,750) – does not include Super, commissions or bonuses (doesn’t apply to people covered by a Modern Award. No cap for a general protections claim)

$83.30 to lodge a claim with FWC – bullying, unfair dismissal & general protection

Tax-free threshold on ETP from 1/7/23

$11,985 tax-free plus $5,994 for each completed year of service Lump Sum D

Super maximum for employers from 1/7/23

$249,080 pa ($62,270 per quarter)


11% from 1/7/23 then .5% each year until 12% on 1/7/25

Payroll tax NSW FY24

5.45% ($1,200,000 threshold) – no change from FY23

ATO mileage rate FY24 – 85c (was 78c in FY23)

Sexual harassment – your role as an employer

This is an excellent article by Kirsty Harvison about the steps you need to take now to proactively ensure your workplace provides a safe working environment for your workers.

It talks about sexual harassment but the issue is even bigger – bullying, aggressive behaviour, victimisation and turning a blind eye are work-related issues that you need to address.

It’s the law now, not simply a nice to have anymore. And it’s not HR’s job – it’s yours, as the employer.

HR’s job is to help and advise you on how to take proactive steps towards providing a safe working environment.

Do not think that because no one is reporting sexual harassment that it’s not happening in your workplace.

This is a common mistake – the “no news is good news” syndrome.

Please get in touch if you need help with any aspect of what’s discussed in this article:

David Wurth