The high income threshold if very important for the application of the Fair Work Act. The threshold is currently $129,300. There are three significant implications of the threshold . Firstly an employee whose income exceeds the threshold cannot access the unfair dismissal jurisdiction of the Fair Work Commission unless a modern award applies to his or her employment.
Secondly, employees who are covered by a modern award but who have entered into a written guarantee of annual earnings which exceeds the threshold will not be entitled to rely upon other award conditions, but will be able to access the unfair dismissal jurisdiction.