We've been given a pay rise. Were it not for concern about the economy, it would have been bigger
- Written by Jim Stanford, Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
The Fair Work Commission has announced a 3% hike in the national Minimum Wage, effective July 1 – taking it to A$19.49 per hour, or $740.80 per week.
The increase will apply to over one-fifth of Australian employees: not just those working for the absolute minimum, but also those working under award-determined wages that are set in relation...
