Wages up 5.2%
The Fair Work Decision will be welcomed by many but it comes at a significant cost to business. That will eventually flow on to the rest of us.
I can understand why those on lower incomes will be rejoicing at the Fair Work Commission decision to increase the minimum wage by 5.2 percent.
The decision will add another $40 per week to those on low incomes
That will bump the minimum weekly wage to $812.60 per week or $21.38 per hour.