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

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.