Australia’s minimum wage to increase by almost $20 a week

Australia’s minimum wage will go up by almost $20 a week after the independent umpire decided that the economy had improved dramatically.

The absolute minimum wage will be $772 a week or $20.33 an hour. It will come into effect from next month for most industries but be delayed until September for retail and November for aviation and tourism because they have suffered greater damage from the coronavirus.Credit:Fair Work Commission President Iain Ross cautioned that the threat of future outbreaks and the pace of the vaccine rollout presented risks to the economy.

However, he said, “the broad consensus is that the performance of the economy has exceeded expectations and the economic recovery is well underway”. Up to 2.5 million people are paid minimum wages, with about 180,000 on the absolute minimum of $19.84 an hour and more than 2 million on industry minimums, which are higher. The minimum wage was $753.80 a week, but will now increase by $18.80 a week.

The unions had asked for a 3.5 per cent rise starting next month while industry groups wanted no more than 1.1 per cent with delayed starting times for some industries such as tourism that had seen their business reduced more than most because of the coronavirus.

Source: News Formal (newsformal.com)

nickbonyhady Woot, I’m now officially min wage! Hint: I didn’t get a wage increase 🙃

nickbonyhady Cool. Cool. Now do jobseeker, for all the disabled people who aren't able to jump through enough hoops to get the DSP?

nickbonyhady So be prepared for another round of price hike from essential items. Funny how Gov pay no attention over price hike on electricity, gas, water and yes FOOD! Employer will pass the cost back to consumer, back to square. Go to grocers, market & supermarket to see how expensive!!!!!

nickbonyhady Shit, everything is going to be pricey again

nickbonyhady Well that’s 2 people who now won’t have a job in my business… Where the actual fk do I get that $’s from plus the extra super Ahh well less staff See ya later

nickbonyhady British migrants have been tempted by these wages for 250 years from the shithole of Britain still divided by the rich and poor castes!

nickbonyhady Wage rise is good but how it aligns with Asia. Companies will send work to overseas/Asia and hire them for lower wages making Australians vulnerable. What measures are taken from companies side to ensure Australians are hired.

nickbonyhady Harvey Norman Won’t be happy

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