Original article by Ewin Hannan
The Australian – Page: 1 & 6 : 4-Jun-24

Fair Work Commission president Adam Hatcher says the cost-of-living pressures facing people who are reliant on modern industry awards was a key factor in its decision to increase the minimum wage by 3.75 per cent. ACTU secretary Sally McManus says the decision will deliver a small real wage increase to the 2.6 million workers on award rates and the minimum wage, although she is disappointed that the FWC has deferred a decision on the peak union body’s push for an additional wage rise of four per cent for workers in female-dominated sectors. Australian Industry Group CEO Innes Willox in turn warns that workers on low wages will be at greater risk of unemployment and underemployment due to the ruling. The minimum wage will increase by $33 per week to $915.90 from 1 July.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, ACTU, THE AUSTRALIAN INDUSTRY GROUP