1.8 million Australian employees receive a 2.5% pay increase. From 1 July 2015, the minimum wages in Australia are set to rise by $16 a week. It has been ruled that all Modern Award minimum wage rates and the National Minimum Wage will increase by 2.5%. This means Australia’s minimum wage will go from $640.90 per week to $656.90, or $17.29 per hour. It’s been reported that more than 1.8 million Australians who are paid the National Minimum Wage or an Award Minimum Wage will be directly affected by the ruling of the Fair Work Commission. As an employer, what…