Key Australian Financial Changes: New Tax, Wage, and Business Rules for July 1

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Business & Economy

Income tax rates for the lowest bracket drop from 16% to 15% starting July 1.

Business & Economy

National minimum wage increases for 2.8 million workers, reaching $26.44 per hour.

Business & Economy

New mandatory 'payday super' rules require employers to pay contributions alongside salary.

Business & Economy

Expanded anti-money laundering laws now cover real estate, law, and accounting professionals.

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