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Image credit: Wikimedia. Image link: https://commons.wikimedia.org/wiki/File:Australian_banknotes_in_wallet.jpg

The Fair Work Commission gave its annual ruling on Australia’s minimum wage yesterday, by raising it to 2.4 percent ($672.70 a week).

However, while our country is considered lucky, Australians on the minimum wage may not necessarily think so and experts have disagreed on whether the wage increase will help or hinder business and employment growth.

 

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