Money How Sunday penalty rate cuts will affect you

00:36  20 june  2017
00:36  20 june  2017 Source:   MSN

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6 days ago. The Fair Work Commission has handed down its decision on how Sunday penalty rates cuts will be implemented, with workers to feel the pinch from July 1.

But how will the changes affect your take-home pay? Here are the answers to all your questions. Why are penalty rates being cut ? According to the Fair Work Commission, the cuts will lead to increased services and trading hours on public holidays and Sundays .

  How Sunday penalty rate cuts will affect you © Scott Barbour/Getty ImagesThe Fair Work Commission has handed down its decision on how Sunday penalty rates cuts will be implemented, with workers to feel the pinch from July. Here's how it will affect workers in different industries:

FAST FOOD

* Full-time and part-time employees will have wages cut from 150 per cent to 145 per cent on July 1, to 135 per cent on July 1 next year, and drop to 125 per cent in 2019.

* Casual employees will have their wage cut from 175 per cent to 170 per cent on July 1, 165 per cent on July 1 next year, before the final cut to 150 per cent in 2019.

HOSPITALITY

* Full-time and part-time workers' Sunday wages will drop from 175 per cent to 170 per cent on July 1, to 160 per cent next year, then 150 per cent in 2019.

Public holiday penalty rates aren't always paid in full when a restaurant charges you extra

  Public holiday penalty rates aren't always paid in full when a restaurant charges you extra Restaurants and cafes in most parts of the country charged a little extra on Monday - ostensibly to cover the cost of penalty rates - but how sure are you that it actually ended up in workers' pockets? Court documents reveal dozens of cases where restaurants across Australia were pinged by the Fair Work Ombudsman in recent years for underpaying workers.

Will IT affect me? The workers who will be hardest hit are those in the retail, hospitality and fast food industries. Aussie who rely on penalty rates generally earn a relatively low wage. When do the changes kick in? It not clear when the Sunday pay rate cuts take effect .

Here are the current penalty rates in Australia: According to the Fair Work Commission, the cuts will lead to increased services and trading hours on public holidays and Sundays . See also: Sunday Penalty Rates Slashed: How Will It Affect You ?

* There will be no change for casual employees.

RETAIL

* Full-time and part-time staff will have a five percentage point cut on July 1, from 200 per cent to 195 per cent, to 180 per cent in July next year, to 165 per cent in 2019, and finally to 150 per cent in 2020.

* Casual staff will go from 225 per cent to 220 per cent in July, to 205 per cent next year, 190 per cent in 2019 and 175 per cent in 2020.

PHARMACY

* Full-timers and part-timers will drop from 200 per cent to 195 per cent on July 1, to 180 per cent next year, 165 per cent in 2019 and 150 per cent in 2020.

* Casual wages will drop from 225 per cent to 220 per cent, then slip to 205 per cent next year and 190 per cent in 2019, with a final cut to 175 per cent in 2020.

PUBLIC HOLIDAY RATES

All sectors plus restaurants: Full-time and part-time drop from 250 per cent to 225 from July 1. Casual rates drop from 275 per cent to 250.

July 1: pay cuts for some, rises for others .
The start of the new financial year will kick off a raft of federal changes affecting taxation, superannuation, penalty rates and home buying.The prices of digital products, including streaming services such as Netflix, will increase by about 10 per cent on July 1 as the application of the GST is extended.

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