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Australia’s industrial umpire has just announced its latest annual decision on the pay-packets of Australia’s lowest paid workers.
Wages for the roughly quarter of a million Australians who rely on the minimum wage will rise by 5.2 per cent.
That’s just slightly above the current inflation rate of 5.1 per cent.
A further 2.7 million workers who have their pay determined by modern awards will see their pay rise by a lesser 4.6 per cent.
Today on Please Explain, industrial relations reporter Angus Thompson joins Jess Irvine to discuss what this minimum wage rise will mean for the economy and what can the rest of us expect to see happen to our wages. Subscribe to The Age & SMH: https://subscribe.smh.com.au/ See omnystudio.com/listener for privacy information. |