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High Income Threshold increase from 1 July 2022

From 1 July 2022, the high income threshold increased to $162,000 per annum.

From 1 July 2022, the high income threshold increased to $162,000 per annum.

The increase to the high income threshold means that award-free and agreement-free employees earning up to $162,000 per annum will now be protected from unfair dismissal and will be eligible to bring an unfair dismissal claim under the Fair Work Act 2009 (Cth) where the dismissal takes place after 1 July 2022.

The increase to the high income threshold also impacts on the compensation that the Fair Work Commission (FWC) can award in unfair dismissal matters. The maximum compensation that can be ordered by the FWC will now be $81,000.

Information provided in this news alert is not legal advice and should not be relied upon as such. Workplace Law does not accept liability for any loss or damage arising from reliance on the content of this news alert, or from links on this website to any external website. Where applicable, liability is limited by a scheme approved under Professional Standards Legislation.

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