Australia’s minimum wage and award wages will increase by 3.75 per cent from July 1, the Fair Work Commission (FWC) has announced.
The decision will mean about 2.6 million workers who are earning the full-time minimum wage will see a pay increase of about $33 a week to $915.91, based on a 38-hour working week.
From July 1, the national minimum hourly rate will be $24.10.
The FWC said a primary consideration in the wage increases has been the cost-of-living pressures felt by “those who are low paid and live in low-income households.”
The Australian Council of Trade Unions had argued for an increase of 5 per cent to the minimum wage, and the federal government had pushed for an increase in line with inflation. Business groups had wanted a modest increase of between 2 and 3 per cent to minimum wages.
Source: ABC News.
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