Australia Raises Minimum Wage to Over $1,000 Per Week

Date:

A general Melbourne CBD street scene in Melbourne, Australia, on Feb. 4, 2021. Asanka Ratnayake/Getty ImagesAustralia’s Fair Work Commission (FWC) has given a pay rise of 4.75 percent to workers on the minimum wage, saying it will help counteract rising inflation.Delivering the decision, FWC President Adam Hatcher said it was not “practicable or responsible” to award a rise above the 5 percent needed to close the real wage gap that had developed since the COVID-19 pandemic.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinese Scientists Flagged Glacial Flood Danger One Year Before Nepal Catastrophe

More than a year before the catastrophic flash flood...

USDA Unveils New Support for Ranchers to Rebuild Cattle Herds

The U.S. Department of Agriculture has unveiled a new...

How Major US Stock Indexes Fared Aug. 31

Oil prices rose and U.S. stocks fell after American...

Trump Unveils New Drug Pricing Deals With 9 Pharmaceutical Companies

President Donald Trump on Aug. 31 announced agreements with...