Every year on 1 July, the Fair Work Commission's annual wage review comes into effect — and every year, thousands of Australian small businesses discover they've been underpaying staff without realising it. For 2026, the Commission increased minimum pay rates across all Modern Awards by 3.5%. For employers already operating on thin margins, a missed update creates liability that compounds backward through every payroll run since July 1.

This checklist covers the eight areas where Australian SMBs most commonly fall short of Fair Work obligations — from award determination and base rates through to record-keeping and leave entitlements.

1. Confirm which Modern Award applies

Australia has 122 Modern Awards covering different industries and occupations. The first compliance question is always: which award applies to each of your employees?

Many businesses in multi-discipline industries are covered by more than one award. A restaurant might employ kitchen hands under the Hospitality Award, delivery drivers under the Road Transport Award, and administration staff under the Clerks Award — all at the same ABN.

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2. Apply the 2026 minimum rates correctly

The 3.5% increase effective 1 July 2026 applies to all classification levels within each award. The increase doesn't automatically flow through to payroll systems — you need to check that your software has been updated or that you've manually adjusted rate tables.

Common issues:

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3. Apply penalty rates and loadings correctly

Minimum base rates are only the starting point. The correct payment for any given shift depends on when it was worked, whether the employee is casual or permanent, and whether any special conditions applied (overtime, public holidays, etc.).

Key loadings to verify:

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4. Verify allowances are being paid

Modern Awards include a range of allowances that are frequently missed in payroll. These aren't optional extras — they're minimum entitlements.

Common allowances that appear across many awards:

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5. Check your casual conversion obligations

Since August 2024, the Fair Work Legislation Amendment (Closing Loopholes) Act has imposed stronger casual conversion obligations on employers. A casual employee who has worked a regular pattern for 6 months (12 months for small businesses) must be offered conversion to permanent employment — in writing, within 21 days of the relevant anniversary.

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6. Confirm record-keeping obligations are met

Fair Work inspectors can request payroll records going back seven years. Incomplete or inaccurate records are themselves a compliance breach — separate from any underlying wage shortfall.

Records you must hold for each employee:

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7. Review superannuation contributions

The Superannuation Guarantee rate increased to 12% from 1 July 2025, and remains at 12% for 2025–26. Super must be paid quarterly at minimum, but many employers with tight cash flow inadvertently fall into arrears.

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8. Assess leave entitlements and accruals

Leave errors are one of the most common findings in Fair Work Ombudsman audits. Common issues include incorrect accrual rates, annual leave being paid out at ordinary time (instead of the higher of ordinary time or average weekly earnings where applicable), and personal leave not tracking correctly for part-time employees.

Checklist items:

When to run a formal compliance audit

This checklist is a first-pass review. If any item reveals a potential gap — misclassifications, missed allowances, loading errors — the next step is a full backpay calculation to quantify the underpayment exposure. The Fair Work Ombudsman has published guidance that voluntary disclosure of underpayment and prompt remediation are treated more favourably than breaches discovered through inspection or complaint.

For businesses with more than 15 employees or complex award coverage, uploading your timesheet data through a compliance validator lets you identify specific rows that breach award minimums before an inspector does — and gives you a defensible record of your due diligence.