Minimum wage will rise 3 per cent to $740.80 a week on Fair Work ruling

Original article by Stephanie Chalmers
abc.net au – Page: Online : 31-May-19

The ACTU has described the Fair Work Commission’s decision to increase the minimum wage by three per cent as a "win" for low-paid workers. The minimum wage will be increased to $19.49 an hour, or $740.80 per week, but the peak union body says it is still not a living wage. The ACTU had sought a six per cent increase in the minimum wage, after it rose by 3.5 per cent in 2018. The latest Wage Price Index data shows that annual growth in wages is currently about 2.3 per cent.

CORPORATES
ACTU, AUSTRALIA. FAIR WORK COMMISSION, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, THE AUSTRALIAN INDUSTRY GROUP, AUSTRALIAN BUREAU OF STATISTICS, RESERVE BANK OF AUSTRALIA

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