July 1 changes in Australia: Everything you need to know about tax cuts, minimum wage, and payday super

In Usap Tayo, we listed down the major economic and regulatory updates taking effect across Australia on 1 July 2026.

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Key Points

• The lowest marginal tax rate drops from 16% to 15% to provide immediate relief for eligible earners.
• Workers secure a 4.75% minimum wage increase alongside a transition to concurrent payday superannuation deposits.
• Government-funded paid parental leave expands to a full 26 weeks for eligible growing families.

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