The Fair Work Commission has announced an increase of 3.3% to the national minimum wage following its annual wage review.
From 1 July 2017, the national minimum wage will increase to $694.90 per week, or $18.29 per hour.
The decision also affects base rates of pay in modern awards.
Fair Work Ombudsman Natalie James said it was important employers made themselves aware of the changes as soon as possible.
The Fair Work Commission has also made changes to penalty rates affecting the Hospitality, Pharmacy, Fast Food, Retail and Restaurant industries.
These also begin to come into effect on 1 July, 2017.
The Fair Work Commission will soon issue final determinations relating to the changes.
James urged retailers to access online tools available on the Fair Work Ombudsman site.
“By signing up to our email updates, employers can make sure they receive immediate notification when our tools are updated and how the Fair Work Commission’s changes impact their business,” James said.