This pay table, provided by the Fair Work Ombudsman, sets out the rates of pay and allowances that will apply from the first full pay period commencing on or after 1 July 2025. View the SCHCADS Industry Award (Financial) Pay Table 2025/26.
The Fair Work Commission (FWC) advises employers must ensure eligible employees receive their 3.5% minimum wage increase from the first full pay period starting on or after 1 July 2025.
The new National Minimum Wage is $948 per week (based on a 38 hour week for a full-time employee), or $24.95 per hour. This is an increase from the 2024/25 rates of $915.90 per week and $24.10 per hour. Read more.
To assist, you can:
- Calculate new pay rates (including changes to penalty rates and some allowances) using the FWC’s pay and conditions tool.
- Access the updated pay guide for the SCHCADS Award.
- Download an updated version of the Fair Work information statement.
In addition to wage increases, the Superannuation Guarantee rate has risen from 11.5% to 12% as part of the legislated increase under the Superannuation Guarantee (Administration) Act 1992. Employers should also be aware of several major enhancements to government-funded Paid Parental Leave. Read more.