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The Latest Breaking News from Minimum Wage

Ireland's minimum wage to be scrapped as Leo Varadkar announces new scheme

The living wage in Ireland currently stands at €12.17 - an increase of almost €2 on the minimum wage of €10.50.

Irish Mirror

Leo Varadkar announces Government plan to replace minimum wage with living wage

Leo Varadkar today announced plans today to scrap minimum wage by 2026

Dublin Live

Concerts and catwalks return to Venezuela, but only for those with cash

Venezuelan pop and reggaeton fans able to pay the equivalent of the country's monthly minimum wage for a concert ticket are filling venues for the first time in over seven years to see their favorite national and international artists.

Reuters

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Cost of Fuel Exceeds Minimum Wage in Lebanon

The price of a 20 liters of fuel crossed the minimum wage in Lebanon for the first time since the eruption of the country's economic crisis. The cost of fuel reached 700,000 Lebanese pounds, or 25 dollars, on Saturday, while minimum wage stands at 675,000 LL. The cost of fuel…

Asharq Al-Awsat

Pub sparks fury with sausage roll that costs more than minimum wage

Pastry lovers have been left gobsmacked after learning of a pub sausage roll that costs £7.50, a price tag higher than the national hourly minimum wage in the UK for under 21s

Daily Mirror

There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage

Opponents say this will lead to a wage-price spiral – but that’s an argument that’s stuck in the 1970s, says Labour MP Nadia Whittome

The Guardian - UK

Union attacks wage delay proposition

Unions have criticised the push by business groups for a delay in any minimum wage rise, due to uncertain economic conditions and increasing costs.

AAP

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Albanese honours Queen amid jubilee celebrations; up to seven monkeypox cases detected; 59 Covid deaths reported – as it happened

Prime minister renames island in Lake Burley Griffin to honour monarch’s 70 years of service to Australia. This blog is now closed

The Guardian - AU

German parliament OKs higher minimum wage pledged by Scholz

The German parliament has approved raising the country’s minimum wage to 12 euros ($12.84) per hour, fulfilling a key campaign pledge by Chancellor Olaf Scholz

The Independent UK

Labor’s Officially Backed A Minimum Wage Pay Rise, So WTF Does That Mean What Happens Next?

Let's pop our economy hats on.

Pedestrian.tv

Labor formally submits for minimum pay rise of at least 5.1 per cent to Fair Work Commission

Labor says the era of "deliberate" low wage policy has come to an end, as it submits its recommendation for a minimum wage rise of at least 5.1 per cent.

ABC News

Australia's new PM backs wage hike to ease inflation pain

Australia's new centre-left Labor government on Friday proposed raising the minimum wage to ease the financial burden on families hit by soaring energy prices and a spike in consumer price inflation.

Reuters

Unions back minimum wage submission – as it happened

Follow all the day’s news

The Guardian - AU

New govt backs pay rise in wage submission

The minimum wage should be set at a rate which ensures low-paid workers' incomes do not go backwards, the government has argued to the Fair Work Commission.

AAP

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The Conversation

Politics with Michelle Grattan: Tony Burke advocates on wages and arts

Tony Burke is the minister for employment and workplace relations and minister for the arts, as well as the leader of the House of Representatives.

AAP

PM to make 'fair' wage increase case

Prime Minister Anthony Albanese will have until the end of the week to make a submission on the government's position for a rise to the minimum wage.

The Guardian - UK

Pay may be up for the UK’s lowest earners, but so are work demands and stress levels

Firms are compensating for higher wages by cutting ‘on-the-job leisure episodes’ and raising work intensity, new research finds

USAFacts

What happens to employment when the minimum wage is increased?

Data shows that minimum wage increases can lead to short term increases in employment for some of those workers.

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Reuters

Putin hikes Russian pensions, plays down Ukraine impact on economy

President Vladimir Putin ordered 10% rises on Wednesday in pensions and the minimum wage to cushion Russians from inflation, but denied the country's economic problems were all linked to the war in Ukraine.

The National (Scotland)

Buckingham Palace advertises job paying 'less than minimum wage'

BUCKINGHAM Palace has been accused of paying its staff less than minimum wage after a job ad posted on the Royal Household website offered a wage of…

Al Jazeera

South Korea’s low paid brace for ‘pro-market’ turn under Yoon

Yoon Suk-yeol has pledged to enact policies that give companies more room to operate free from excessive regulation.

ABC News

Federal Treasurer reasserts Labor will stick to plans to formally back minimum wage rise

Federal Treasurer Jim Chalmers has clarified that the new Labor government will formally advocate for workers on the minimum wage to get a pay rise.

The New Daily

Lifting the minimum wage is anything but reckless – it’s what low earners need

'Reckless and dangerous': Anthony Albanese is preparing to ask the Fair Work Commission to grant a wage rise big enough to cover inflation.

The Independent UK

A gallon of gas costs more than the federal minimum wage at some stations in California

The price of gas continues to soar, while the federal minimum wage does not

Tribune News Service

Blue state minimum wages inch upward, widening gap with South

A grocery store cashier who’s guaranteed $15 per hour in California can legally be paid $7.25 in Texas and 19 other states — a gap in state minimum wages that’s set to widen further in the year ahead.

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