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Will lifting the minimum wage worsen inflation and raise interest rates?

Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.

Will lifting the minimum wage worsen inflation and raise interest rates?
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On one side, the Australian Chamber of Commerce and Industry (ACCI) is proposing a lift in minimum and award wages of up to 3 per cent. 

Read more at ABC News

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