Australia minimum wage to rise 2.5% as economy rebounds from COVID-19 | The Mighty 790 KFGO

Posted by Colin Packham

CANBERRA (Reuters) – Australia’s minimum wage will rise 2.5% for the fiscal year beginning July, a faster pace than this year, reflecting the strong economic recovery from the coronavirus-induced recession, according to the country’s independent wage-setting agency.

The lowest paid employees are now paid A $ 20.33 ($ 15.65) per hour, for a total of A $ 772.60 per week for full-time workers.

The Fair Work Commission had restrictions for the current year ending on 30. 19.

“There was broad consensus in the submissions we have that current economic performance has exceeded expectations and that the economic recovery is in full swing,” Ross said in a statement emailed.

The Commission’s minimum wage levels are now legally enforceable in Australia.

However, the wage increase will be delayed for some workers in sectors still affected by COVID-19.

Those who work in retail will receive the wage increase starting September 1, while employees in the aviation, fitness, tourism and parts of the retail and events sectors will receive a wage increase starting November 1, the Fair Work Commission said.

Unionists who wanted an increase of more than 3% criticized the delay.

“It is extremely disappointing that the Commission has delayed increases for all workers – especially those who have worked throughout the pandemic and whose employers have made record profits,” said Sally McManus, Secretary of the Australian Union Council.

($ 1 = 1.2989 Australian dollars)

(Reporting by Colin Packham; Editing by Muralikumar Anantharaman)

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