MA000019 PR707429 |
FAIR WORK COMMISSION |
DETERMINATION |
Fair Work Act 2009
s.285—Annual wage review
Annual Wage Review 2018–19
(C2019/1)
BANKING, FINANCE AND INSURANCE AWARD 2010
[MA000019]
Banking finance and insurance industry | |
JUSTICE ROSS, PRESIDENT |
SYDNEY, 20 JUNE 2019 |
Annual Wage Review 2018–19.
A. Further to the decision issued by the Expert Panel in the Annual Wage Review
2018–19 on 30 May 2019 [[2019] 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 |
40,955 |
787.60 |
Level 2 |
44,850 |
862.50 |
Level 3 |
47,372 |
911.00 |
Level 4 |
49,748 |
956.70 |
Level 5 |
51,766 |
995.50 |
Level 6 |
57,980 |
1115.00 |
2. By deleting the year “2018” in clause 16.2 and inserting “2019”.
B. This determination comes into operation from 1 July 2019. 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 2019.
PRESIDENT
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