Wages, 1960-1969. Federal Minimum Wage. Chart from the U.S. Dept of Labor shows the first federal minimum wage law enacted in 1938 (25 cents), and all subsequent increases through 2009. States could enact minimum wage laws as well, if they wished to have a higher minimum than that specified by the federal government.hart from the U.S. Dept of Labor shows the first federal minimum wage law enacted in 1938 (25 cents), and all subsequent increases through 2009. States could enact minimum wage laws as well, if they wished to have a higher minimum than that specified by the federal government.
The deal is that you increase your superannuation balance (and pay 15% contributions tax, and for those earning an adjusted taxable income of more than $300,000, 30% tax on super contributions) while reducing the amount of income tax payable (up to 49% including Medicare levy) on your salary or wages.
1 The annual percentage rate (APR) reflects the total cost of a loan by taking into consideration the interest rate plus any points and fees paid. 2  Mortgage Payoff Calculator See how you can pay your mortgage off faster, and save thousands of dollars in interest, by adding a little to your monthly mortgage payment. The annual percentage rate (APR) reflects the total cost of a loan by taking into consideration the interest rate plus any points and fees paid. 2  Mortgage Payoff Calculator See how you can pay your mortgage off faster, and save thousands of dollars in interest, by adding a little to your monthly mortgage payment.