Every July, businesses are left scrambling to get across all the changes that the new financial year brings… but not this year, because we’ve got your back!
We’ve put together a handy list of the major employment-related changes you need to be across before July 1 to make sure you’re covering all bases.
Minimum Wage Increase
The increase is by 3.5%. A reminder to download the latest Pay Guide for relevant Modern Awards and ensure you are paying your employees correctly
Superannuation Guarantee
The Superannuation guarantee is increasing from 11.5% to 12%
Superannuation Contributions For Workers on Government-funded Parental Leave
ATO will being making superannuation contributions for employees receiving government-funded Parental Leave Pay (for children born or adopted from 1 July 2025)
Government-funded Parental Leave Pay
This is increasing from 22 to 24 weeks (for children born or adopted from 1 July 2025)
Partner Parental Leave Pay
This is increasing from a minimum of 2 weeks to 3 weeks
Concurrent Parental Leave Pay
This is increasing from 2 weeks to 4 weeks
PAYG Withholding Cycle Changes
If the ATO contacted your business in April 2025 to let you know that your PAYG withholding cycle is going to change, your reporting and payment obligations will change from 1 July 2025
High Income Threshold
From 1 July 2025 the High Income Threshold will go from $175,000 to $180,500
If you’ve got any burning questions about these changes or you’re not sure how they’ll impact your business, reach out to our team by email hello@flawlesshr.com.au
