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Australia’s minimum wage & industry award rates will rise by 5.75% from July 1

Australia's Fair Work Commission has announced its decision on the minimum wage hike. will boost pay for around 180K Australian workersthere will also be a 5.75% pay rise for workers on industry award rates, this will flow through to around another 2.7 million people.The Commission said the decision was made in light of cost-of-living pressures being felt by Australia’s lowest-paid workers but would not have “discernable macroeconomic effects” “The current combination of economic circumstances,... Read More

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Australia

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Posted: Jun 2 2023, 01:10

Author Name: forexlive

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