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The Conversation
The Conversation
Chris F. Wright, Professor of Work and Labour Market Policy, University of Sydney

Labor wants to give the minimum wage a real boost. The benefits would likely outweigh any downsides

Labor Minimum Wage Mark Bray Inflation Australia OECD

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 workers – especially in the early childhood, cleaning and retail sectors.

Opposition Leader Peter Dutton has said he’s not opposed to an increase in minimum wages. Several major business groups have also tentatively endorsed an increase.

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