2024 Salary Increase Projections Australia. The fair work ombudsman reminds employers they should pay a 3.75 per cent minimum wage increase to eligible employees from the first full pay period starting. Public sector wage rises are starting to catch up with private sector pay increases.

This follows three consecutive quarters with annual wage increases of 4.2%. Annual wage growth was 4.1%, down from the 4.2% annual rise recorded in the december quarter 2023.