The minimum wage will rise this year by $13 a week despite calls from employer groups and the federal government to prioritise jobs and freeze the minimum wage.
Workers on the minimum wage will earn 1.75 per cent more, taking it to $753.80 a week for full time workers.Pat Scala About a quarter of the Australian workforce are either on the minimum wage or have their pay set relative to it. Announcing the minimum wage decision, Fair Work Commission President Iain Ross said if wages were frozen it would "result in a real wage cut" that would hurt poor families and risk pushing some into poverty.The rise will be staggered for different industries depending on how well they have endured the coronavirus-driven recession.
That's half a pack of winnie blues.
...this will achieve the opposite intended outcome; imagine being a small business with this impost added to ones operating costs? TheEnd...
Take a nationalist direction, create Australian business by taxing more on foreign owned companies and less taxes on Australian companies to drive up the minimum wages for those workers. It may give the opportunity for Australian owned copycat companies to rise...
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