Greens minimum wage cost comes in at $630m

Original article by Ben Packham
The Australian – Page: 5 : 30-May-18

The Australian Greens have proposed permanently setting the minimum wage at 60 per cent of the median wage. Greens MP Adam Bandt says this would increase the minimum wage to around $A757 per week, compared with $A695 at present. However, the policy would cost employers an additional $A630m a year. The ACTU has also advocated pegging the minimum wage to average earnings, while Labor considered but ultimately rejected such a proposal due to its likely impact on jobs.

CORPORATES
AUSTRALIAN GREENS, ACTU, AUSTRALIAN LABOR PARTY, AUSTRALIA. FAIR WORK COMMISSION

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s