Two million Aussie employees are getting a pay raise today: so how much can YOU expect to win?
- The Fair Work Commission will rule on raising the minimum wage
- Trade unions have proposed an increase of six percent or $ 43.15 a week
- Business groups argued that change will destroy jobs and threaten growth
The lowest-paid employees in Australia are about to discover their next salary increase.
The Fair Work Commission will handle its annual minimum wage decision on Thursday at 11 a.m., affecting approximately 2.3 million employees from July 1.
The national minimum wage is currently $ 719.20 per week, following a 3.5 percent increase or $ 24.30 a week last year.
The Fair Work Commission will pass on its annual minimum wage decision, which could increase wages by six percent or $ 43.15 per week, as proposed by trade unions (stock image)
Peak Union agency the ACTU has requested a six percent increase this year, which amounts to an increase of the minimum wage of $ 43.15 per week.
ACTU President Michele O & Neil Neil told the committee that the increase is within a series of increases that do not threaten economic growth.
Business groups argued that a six percent increase would destroy jobs and threaten economic growth.
The Australian industry group called for a two percent increase or about $ 14.40 a week, while the Australian Chamber of Commerce and Industry asked that the increase should not exceed 1.8 percent.
Business groups argued that an increase of six percent would destroy jobs and threaten economic growth (stock image)
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