More than 2 million workers to receive an extra $40 a week after minimum wage decision

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More than 2 million workers to receive an extra $40 a week after minimum wage decision
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Minimum wage increased by $1.05 to $21.38 an hour

The minimum wage will be lifted $1.05 an hour from its $20.33 base from July 1, an increase of 5.2 per cent, to $21.38 an hour.Award wage workers face a small pay cut in real termsWorkers on award rates will go up 4.6 per cent — a cut in real wages — with a minimum $40 weekly increase for workers on award rates below $869.60 per week.

Some business groups argued against a pay rise, suggesting supply chain and cost pressures made it unsustainable. "If we were to accept the submissions of some of the employer bodies, and award no increase at all, then the real wage reduction would be even more severe."

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