A pay boost for those on the minimum wage
The Fair Work Commission yesterday announced the minimum wage will be lifted by 2.5% to $20.33 an hour later this year. While the latest increase sits below past rises of between 3 and 3.5% – and includes no “catch up” for last year’s COVID-reduced 1.75% increase – Commission President Justice Iain Ross said the decision was made because “economic recovery is well underway.” But not everyone’s happy… The unions were pushing for a 3.5% increase while business groups had advocated for a 1.1% increase. The decision will see 2.2 million Aussie workers get a pay bump.
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