Inflated promise to low-paid workers

Original article by Ewin Hannan
The Australian – Page: 1 & 4 : 2-Apr-25

The federal government will call for an "economically sustainable real wage increase" for people on award and minimum wages from mid-July. Its submission to the Fair Work Commission’s annual wage review will not specify a percentage amount, except that it should be above the inflation rate. The budget papers show that the Treasury expects an inflation rate of 2.5 per cent for 2024-25, rising to three per cent in 2025-26, when the new minimum wage will take effect. A three per cent increase would equare to a minimum wage rise of $27 per week. Employers’ groups are expected to urge the FWC to opt for a minimum wage rise that is in line with or below the inflation rate.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION

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