Treasurer Jim Chalmers says a coming minimum wage review should not allow the lowest-paid workers to fall further behind, saying minimum wage earners are not driving inflation.
abc.net.au/news/treasurer-backs-minimum-wage-increase-ahead-of-review/102163472Treasurer Jim Chalmers says the nation's lowest paid workers should receive a pay rise that helps them to keep up with the cost of living, as the Fair Work Commission reviews pay rates.
"Some people want to pretend that we've got an inflation problem in our economy because the lowest paid Australians are getting paid too much, and that is obviously absolute rubbish," Mr Chalmers said. The Australian Council of Trade Unions has argued for the minimum hourly rate to be lifted to $22.88, keeping pace with inflation.We must support those who are hurting the most and a cost of living increase to the minimum wage is the direct way of doing this," ACTU secretary Sally McManus said.. Instead, companies have been posting huge profits, driving inflation through excessive price rises. It's time they conceded they can afford to pay their workers more.
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