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Market
Annual inflation rate in Australia by end of 2024
5
Resolution / Starting Odds
Below 2% • 25%
2-3% • 25%
3-4% • 25%
Above 4% • 25%
Official annual inflation rate data published by the Reserve Bank of Australia (RBA)
Story
Fair Work Commission Raises Australia's Minimum Wage by 3.75%
Jun 3, 2024, 12:53 AM
The Fair Work Commission has announced a 3.75% increase in the national minimum wage in Australia. This pay rise will benefit millions of minimum wage workers over the next 12 months. The increase is part of efforts to aid the Reserve Bank of Australia's (RBA) goal of returning inflation to the 2-3% target by next year.
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Above 4% • 25%
Below 2.0% • 25%
2.0% to 2.5% • 25%
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Below 2.0% • 33%
Between 2.0% and 2.6% • 33%
Above 2.6% • 33%
