Australia’s Labor Government Backs Minimum Wage Increase to Combat Cost of Living

Australia’s Labor Government Backs Minimum Wage Increase to Combat Cost of Living
Australian banknotes and a one dollar coin. Squirrel_photos/pixabay
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The Australian centre-left federal government has backed a minimum wage increase for the country’s workers arguing that pay rates “should not go backwards.”

The submission from the government comes in a bid to help Australians cope with rising cost of living pressures including inflation rates of 5.1 percent, with the Reserve Bank of Australia estimating it will reach six percent by the end of June 2022.

Daniel Y. Teng
Daniel Y. Teng
Editor
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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