This afternoon the Fair Work Commission lifted award wages by 2.5% from 1 July 2015.

In its statement, the Fair Work Commission commented that the increase is lower than last year’s for reasons including reduced inflation, aggregate wages growth and growing unemployment.

The review increases the national minimum wage to $17.29 per hour and other award wages will be similarly adjusted. The decision directly affects over 1.86 million employees who rely on minimum award wages.