Half of minimum wage workers are rich

Original article by Jacob Greber
The Australian Financial Review – Page: 3 : 8-Feb-18

An analysis of Household Income & Labour Dynamics in Australia data by the Melbourne Institute has concluded that 13 per cent of people on the minimum wage live in households that have the nation’s highest incomes. The analysis suggests that a large proportion people on the minimum wage are students in the 21-34 age group and in many instances live with their parents. The Melbourne Institute also concluded that just 21 per cent of workers live in households for which the minimum wage is the sole source of income.

CORPORATES
UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH, AUSTRALIAN LABOR PARTY

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