Minimum pay hike ‘risks benefits of penalty cuts’

Original article by Ewin Hannan
The Australian – Page: 1 & 8 : 7-Jun-17

The ACTU says the 3.3 per cent increase in the minimum wage is insufficient, although employers’ groups warn that it could lead to job losses and deter businesses from hiring additional staff. The Fair Work Commission’s ruling lifts the minimum wage by $A22.20 a week to $A694.90, with president Iain Ross arguing that it is unlikely to have much adverse impact on employment. He added that this would probably not have been the case if a larger increase in the minimum wage had been approved.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, ACTU, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN RETAILERS ASSOCIATION, FRONTLINE HOBBIES

Leave a comment