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CPI isn’t the only thing on the rise this July: Wage Increases, Superannuation, Penalty Increases for SafeWork & High Income Threshold/Compensation Cap
Wednesday 29 June 2022 / by Alicia Mataere, Lee Pike & Ellie Jongma posted in Workplace Relations Minimum Wage Superannuation Modern Awards Enterprise Agreements Fair Work Commission

From Friday 1 July 2022, there will be a number of changes set to impact all Australian businesses.

These changes include increases to minimum wages, compulsory superannuation and penalty units in NSW.   

The changes come as a timely reminder for businesses to review their contracts and industrial instruments. 

It is also a good time for businesses to ensure that they are meeting their minimum obligations, and to confirm who will bear the increase to superannuation.


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