2024 Minimum Wage. Federal and state minimum wage rates, annual. The national living wage (nlw) is currently the statutory minimum wage for workers aged 23 and over, although this will fall to 21 and over from april 2024.

The fair work ombudsman is reminding employers that a 3.75 per cent minimum wage increase should be applied to eligible employees’ pay from the first full pay period. The national minimum wage increases to $915.90 per week or $24.10 per hour.