Amanda Rose is the founder and CEO of Entrepreneurial and Small Business Women Australia. Source: Supplied.
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Effective July 1, the minimum and award wage will increase by 3.75% which will see the national minimum wage go up to $24.10 per hour or $913.19 per week based on a 38-hour week. At any other time, this would have been widely accepted as the price of progress, but during an unprecedented crisis in the small business sector, this is a callous kick in the guts.
As inflation pushes up the cost of labour, goods, and materials across the board, it’s understandable that the Fair Work Commission wants to ensure those who earn the least in this country can survive in the current cost of living crisis.
ABOUT THE AUTHOR
Amanda Rose is the founder of Small Business Women Australia, Western Sydney Women and Western Sydney Advisory. She has also been named as one of the most influential people in Western Sydney.
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Fair Work Commission increases minimum wage by 3.75%
The Commission will increase the minimum wage for employees and national awards by 3.75%, factoring in continuing challenging economic conditions.
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