Quantcast
Subscribe to our newsletter

Minimum wage hike has minimal effect

While some commentary had forecast a substantial increase in wage growth, thanks to the July increase in minimum wages, only a slight uptick was recorded in the September quarter.

Minimum wage hike has minimal effect
smsfadviser logo
  • mybusiness
  • November 16, 2017
share this article

The Fair Work Commission stunned business owners in June this year by announcing a 3.3 per cent rise in the minimum wage and minimum award rates – well above the current inflation rate of 1.8 per cent, effective from the new financial year.

Read the full story on My Business.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles