Regulatory changes effective July 1, 2024

Posted by & filed under .

  Starting today, July 1 2024: The National Minimum Wage increases to $915.90 per week or $24.10 per hour Award minimum wages increase by 3.75%. The proposed tax cuts will reduce the 19% tax rate to 16%, reduce the 32.5% tax rate to 30%, increase the threshold above which the 37 per cent tax rate applies from $120,000 to $135,000, increase… Read more »