Australia's Fair Work Commission raises national minimum wage by 3.75% from July 1, benefiting 2.5 million workers.
Australia's Fair Work Commission has announced a 3.75% increase in the national minimum wage, effective from July 1. This decision will benefit over 2.5 million workers, or one in five nationwide, and is aimed at addressing cost-of-living pressures experienced by low-income workers. The increase follows the federal government's recommendation to prevent the wages of Australia's lowest-paid workers from declining in real terms. This is the third consecutive year the government has called for pay rate increases.
June 02, 2024
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