Australian PM says would welcome inflation-matching minimum wage rise

SYDNEY  -Minimum wage increases that match inflation would be welcomed by the Australian government, the prime minister said on Friday, although the Labor government’s submission to an independent wage-setting body did not advocate as such.

The government submission recommended real wages for low-paid workers “do not go backwards” but added it was not suggesting wages should “across-the-board” automatically increase with inflation.

Changes to the national minimum wage are reviewed annually by the independent Fair Work Commission (FWC), which last year delivered an increase largely in line with inflation at the time. The Australian Council of Trade Unions has called for a 7-percent increase to match inflation again.

Prime Minister Anthony Albanese said the Labor government’s submission to the FWC did not contain a specific number but he would welcome an inflation-matching increase in minimum wage.

“My values haven’t changed,” Albanese told ABC Radio.

“If the Fair Work Commission makes that decision then I would welcome it, but it is an independent decision of government. It’s up to them to determine the range of factors they’ll consider.”

READ MORE:

Wage growth, skilled migration in focus as Australia kicks off jobs summit

Australia employment falls for second month, jobless at 8-month high



Your subscription could not be saved. Please try again.


Your subscription has been successful.

Read Next

Don’t miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

For feedback, complaints, or inquiries, contact us.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.