Anthony Albanese’s government decided to support another increase in the minimum wage to keep up with inflation
Anthony Albanese’s government decided to support another increase in the minimum wage to keep up with inflation
Anthony Albanese’s government has hinted it will support an increase in the minimum wage in line with inflation, which is currently at 7 percent.
“Our values have not changed,” Labor Secretary Tony Burke said when asked what would be in her submission to the Fair Work Commission on Friday.
“The thing that we have to work with is that there are some members of the workforce who have the least wiggle room with what’s going on with inflation, and certainly the whole reward system gets some people who work at significantly higher wages,” he told ABC RN Breakfast.
“Last year, we floated the principle that the focus should be on people on low incomes because they have the least savings, and they have the least room to move.”
Labor Secretary Tony Burke (pictured) has hinted at supporting an increase in the minimum wage in line with inflation
You will never photocopy a document from year to year and it never matches in every way. But as I said, our values have not changed, and what you indicated was there was a very strong value statement from the Prime Minister. “
The value statement refers to the ideal that minimum wage workers should not fall short of their wages.
The minimum wage was previously increased from July 1 last year after the Albanian government submitted a memorandum calling on the Fair Work Commission to match the inflation rate of 5.1 percent at that time.
More than 2.7 million minimum wage and low-wage workers received bonuses for a pay rise of up to 5.2 percent – the most generous increase in 16 years.
Which equates to a minimum of $812.60 per week, or $21.38 per hour.
It was the most generous wage increase in 16 years.