Australia's Wage Determination System (HSC SSCE Economics): Flashcards

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Australia's Wage Determination System
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% of workforce covered by Fair Work Act 2009

70%

Max ordinary hours/week for full-time employees (NES)

38 hours

Casual conversion eligibility period

12 months with same employer

Days of paid domestic violence leave added to NES in 2023

10 days

Number of modern awards under Fair Work Act

123

Test required for enterprise agreements (acronym)

BOOT (Better Off Overall Test)

Income threshold where awards don't apply (2023-24)

$167,500

% of Australian workers who are union members

12.5%

Typical classification of gig economy workers

Independent contractors

% of workforce covered by awards only (2021)

23%

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