Fair Work Commission set to unveil increase to Australia’s minimum wage

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Millions of Australians on award and minimum wages are poised to learn how much more money will land in their bank accounts each pay cycle. The annual wage decision from the workplace umpire will be broadcast on Monday and falls at a time when cost-of-living pressures are lingering and keeping pressure on the lowest-paid workers.

Tax relief due to kick in mid-year should also not be viewed as a replacement to a wage boost, the government said in its submission. Yet employer groups said tax cuts, energy bill rebates and other cost-of-living relief in state and federal budgets should be factored into the wage decision as extra cushioning for the lowest-paid. Australian Industry Group has proposed a wage increase of 2.

 

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