Unions urging the Fair Work Commission to sideline its concerns about pricing marginalised workers out of jobs and lift the minimum wage by 1.5 per cent over the next two years to a 'living wage' of nearly $42,000. - FinancialReview pollietracker MORE:
Opposition leader Bill Shorten has signalled plans to overhaul wage rules if he wins the upcoming federal election. Mr Shorten's decision comes amid growing union pressures to introduce a 'living wage', defined as 60 per cent of the median wage.
He has said he wants to encourage the Fair Work Commission to boost the minimum wage, arguing current wage laws are outdated. Businesses have criticised the plan, saying one person's pay increase would come at the cost of another person's job. Image: News Corp Australia
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