Labor wants to give the minimum wage a real boost. The benefits would likely outweigh any downsides
- Written by Chris F. Wright, Professor of Work and Labour Market Policy, University of Sydney
Labor has called for an “economically sustainable real wage increase” for almost 3 million workers who depend on the award system for their wages.
In a submission to the Fair Work Commission’s Annual Wage Review on Wednesday, Labor said a real wage increase above inflation would provide cost-of-living relief for lower-income...