Millions of Aussies set for a huge cash boost from minimum wage rise

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Millions of Aussies set for a huge cash boost from minimum wage rise
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Treasurer Jim Chalmers has said the government will back a pay increase for millions of Aussies — but declined to be drawn on just how much of a rise they could expect. Joining Nat Barr on Sunrise on Monday, Chalmers spoke about the government’s submission to the Fair Work Commission’s Annual Wage Review this week.

Australian treasurer Jim Chalmers says the government is backing minimum wage increase. The Fair Work Commission assesses the base rate for workers each year. Currently, the national minimum wage is $23.23 per hour, an increase of $3 per hour since the start of 2022. Chalmers appeared upbeat at Brekky Central as he said the government would back an increase — but would not be drawn on a figure when asked if it would be 4.1 per cent, in line with inflation.

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