The end of the 2024-25 financial year is just one week away, which means there are key changes that employers need to be aware of – most notably the 3.5% increase to the National Minimum Wage and all modern award minimum wages which will take effect from 1 July 2025.

Today, the high income threshold, unfair dismissal compensation limit and other key figures, which also take effect on 1 July 2025, have also been released.

Kingston Reid has prepared its 2025 Workplace by Numbers infographic, which you can download here, for a snapshot of the key figures.