Posts tagged "minimum wage increase"

Australia has now managed to keep a rate of unemployment below 4% for three consecutive months. If things are so good, why is wage growth so low?

The Fair Work Commission's decision to lift the minimum wage will affect most Australian workers, either directly or indirectly.

"Increasing the minimum wage isn't the silver bullet that people are hoping that it will be," writes Amanda Rose.

The Fair Work Commission has decided the national minimum wage will increase by 2.5% on July 1, 2021.

COSBOA encourages the Fair Work Commission to consider supporting a stable employment regime through a minimal increase in the award-based minimum and associated wages.

Fast-food and retail workers will receive a pay rise from today, following a Fair Work Commission decision to increase award wages by 1.75%.

July 1 brings a raft of changes for small business owners, including a minimum wage increase and further penalty rate cuts in retail.

The increase will see wages for Australia's lowest-paid workers increase to $753.80 per week, or $19.84 per hour. But the bump will be staggered.

The ACTU’s 'living wage' increase will almost certainly result in cost of living increases, a widespread loss of jobs and small business collapses.

Economic evidence shows conditions for Australian workers have been getting worse as membership numbers in unions have declined.

From the minimum wage increase to food labelling laws, here are key July 1 legal changes Australian small businesses need to know about.