The Labor Party on Wednesday will urge the Fair Work Commission to grant a real wage increase to Australian workers on awards.
This goes further than Labor’s recommendations in earlier years, which have been for real wages not to go backwards.
In the new submission, Labor will say that the increase should be “economically sustainable.” It says a rise in minimum and award wages should be consistent with inflation returning sustainably to the Reserve Bank’s target band of 2% to 3%.
