Key Employment rates & thresholds for the new financial year
In July each year, a number of thresholds and limits relating to the employment relationship change, whilst others remain the same.
We understand that your time is valuable and are pleased to share Justitia’s Quick Reference Guide of Rates & Thresholds for the 26/27 financial year.
The effective date of national minimum wage depends on your pay cycle, as the increased wage applies from the first full pay period starting on or after 1 July 2026. For example, if you use a weekly pay cycle and your pay period starts on Thursday, the new rates would apply from Thursday 2 July.