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03.06.25 - 08:12
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Millions of Australian workers to get an above-inflation pay rise as minimum wage lifts by 3.5% (The Guardian)
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Fair work commission decision falls between demands from the peak union body and business groupsAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastThe Fair Work Commission says a 3.5% above-inflation increase to the minimum wage was necessary to avoid “entrenched” lower living standards among the millions of Australia's lowest-paid workers.The president of the FWC, Justice Adam Hatcher, said the decision would help claw back the loss of real incomes over the past few years, even as employer groups warned many smaller businesses would struggle the afford the “generous” pay rise. Continue reading......
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30.04.25 - 12:48
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Australian Dollar Rises On CPI Data (AFX)
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CANBERA (dpa-AFX) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of a slight firmer than expected consumer price data.......
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