You have 0 free articles left this month.
Register for a free account to access unlimited free content.
Powered by MOMENTUM MEDIA
lawyers weekly logo
Home of the REB Top 100 Agents
Advertisement

What the new minimum wage rise means for real estate agencies

By Bryan Wilcox
27 June 2025 | 6 minute read
sydney suburbs cbd reb dlqvw4

From 1 July 2025, minimum award rates of pay will increase by 3.5 per cent following the Fair Work Commission’s National Wage Case decision. While changes like these aren’t unusual, they’re never insignificant, especially for real estate agencies managing a blend of salaried, commission-only, part-time and casual employees, writes Bryan Wilcox, CEO, Real Estate Employers’ Federation (REEF).

The increase applies across both the Real Estate Industry Award 2020 and the Clerks – Private Sector Award 2020, with important flow-on effects, including an increased Minimum Income Threshold Amount (MITA) for commission-only agents, now set at $69,634.

As always, employers paying above award rates can absorb the increase, but must ensure wages remain at least equal to the updated minimum award rate of pay.

 
 

In addition to the increase to award rates of pay, superannuation increases from 11.5 per cent to 12 per cent and there have been increases to several of the award-based allowances. These increases are also effective 1 July 2025.

The changes, while straightforward in principle, can quickly become complex in practice, especially for real estate businesses juggling multiple employment types and compliance risks. With over 500 different rates of pay that might apply to a real estate employee and new wage theft laws now in place, it is critically important that real estate employers remain diligent in relation to their payroll practices.

At REEF, we’ve created an up-to-date Rates of Pay Guide that outlines the new full-time, part-time, casual, public holiday and traineeship rates, as well as applicable allowances, thereby making it easier for employers to successfully navigate their complex payroll obligations.

If you are a real estate employer and would like a complimentary copy of the 2025–26 Rates of Pay Guide, please send us an email to This email address is being protected from spambots. You need JavaScript enabled to view it..

You need to be a member to post comments. Become a member for free today!
Do you have an industry update?