The Fair Work Commission has handed down a 5.2 per cent increase to the national minimum wage, equating to $40 a week. Follow updates here.
Gas is part of the solution to the energy crisis crippling east coast markets as the Albanese government looks to ramp up the transition to renewables, Environment Minister Tanya Plibersek says.
“It’s an important part, as is pumped hydro as is greater storage, as is reducing our energy consumption or being more energy efficient,” she told Sky News. “Gas is an obvious part of the solution at the moment. It’s one of the reasons that the energy ministers signed off on giving the Australian Energy Market Operator the ability to buy and store gas.
“So that at times like this, we can actually draw down on stored gas supplies. We need to work on a range of solutions. It’s not going to be one silver bullet that fixes this problem.”NSW government knocking back an offer from Origin Energy to buy its Eraring power plantAhead of the Fair Work Commission’s minimum wage decision, she said Labor wanted to see it keep pace with the cost of living.
“We’d like to see wages keeping up with inflation. We think that people earning $20.33 an hour really deserve a pay rise of $1 an hour. It’s pretty hard to argue against that.”“But the customers who are walking through their front door or buying from them online, if they’re falling further behind, if they don’t have five bucks in their pocket, they’re not going to stop on the way to work to buy a cup of coffee.
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