Labor Submits Minimum Wage Rise Above Rate of Inflation
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Anthony Albanese announced today that labor will make a submission to the fair work commission to recommend an increase to the minimum wage, suggesting a figure above the rate of inflation.
The Australian Chamber of Commerce and Industry, has said in a statement today that “An increase in minimum and modern award wages of no more than 2.5 per cent is fair and reasonably responsible in the current economic environment”
The Minister for Employment and Workplace Relations, Senator Murray Watt, discusses if this latest submission is financially responsible during a cost of living crisis?
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