New Salary Thresholds Effective 1/7/16

Here are some useful numbers for you and your HR team, all effective 1/7/16:

  1. Minimum wage – $672.70 per week (2.4% increase)
  2. Unfair dismissal threshold – $138,900 (max payout is $69,450)
  3. Maximum salary employers have to pay super on – $206,480 ($51,260 per quarter)
  4. Super guarantee – still 9.5%, no change scheduled until 1/7/21 (then .5% yearly increase to 12% from 1/7/2025)

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