MA000019  PR606343
FAIR WORK COMMISSION

DETERMINATION


Fair Work Act 2009

s.285—Annual wage review

Annual Wage Review 2017–18
(C2018/1)

BANKING, FINANCE AND INSURANCE AWARD 2010
[MA000019]

Banking finance and insurance industry

JUSTICE ROSS, PRESIDENT
VICE PRESIDENT HATCHER
DEPUTY PRESIDENT ASBURY
COMMISSIONER HAMPTON
MR COLE
PROFESSOR RICHARDSON
MR GIBBS

MELBOURNE, 20 JUNE 2018

Annual Wage Review 2017–18.

A. Further to the decision issued by the Expert Panel in the Annual Wage Review
2017–18 on 1 June 2018 [[2018] FWCFB 3500], the above award is varied as follows:

1. By deleting the table in clause 13.1(a) and inserting the following:

Level

Minimum annual salary
$

Minimum weekly rate
$

Level 1

39,764

764.70

Level 2

43,545

837.40

Level 3

45,994

884.50

Level 4

48,298

928.80

Level 5

50,258

966.50

Level 6

56,290

1082.50

2. By deleting the year “2017” in clause 16.2 and inserting “2018”.

B. This determination comes into operation from 1 July 2018. In accordance with s.166(5) of the Fair Work Act 2009 this determination does not take effect until the start of the first full pay period that starts on or after 1 July 2018.

PRESIDENT

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