Federal politicians awarded 2.75 per cent pay rise

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Federal politicians awarded 2.75 per cent pay rise
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The remuneration tribunal has awarded Prime Minister Anthony Albanese, Opposition Leader Peter Dutton and all MPs the largest pay rise in almost a decade

The Remuneration Tribunal has awarded Prime Minister Anthony Albanese, Opposition Leader Peter Dutton and all MPs their largest pay rise in the last decade.

Prime Minister Anthony Albanese with his ministry. They will all receive a 2.75% pay rise from July 1.Dutton, as opposition leader, will earn around $401,000. Greens leader Adam Bandt will earn $314,737 as the leader of a minority party with more than ten representatives in parliament. The tribunal’s ruling comes ahead of Wednesday’s decision by the independent Fair Work Commission about whether or not to lift the minimum wage, which is currently $20.33 per hour. That will be handed down at 10am.The tribunal is obliged to take that decision into account but as it has not been handed down, took last year’s into consideration instead.

The tribunal also pointed to the economic recovery that Australia has staged since the pandemic, with GDP increasing 3.4 per cent in the December quarter.

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