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Is the minimum wage increasing by enough?

Author
Newstalk ZB,
Publish Date
Fri, 2 Feb 2024, 9:12am
Photo / Getty Images
Photo / Getty Images

Is the minimum wage increasing by enough?

Author
Newstalk ZB,
Publish Date
Fri, 2 Feb 2024, 9:12am

There’s doubt the latest proposed lift in the minimum wage will do enough to help workers.  

The Government's increasing the minimum wage by 2% to $23.15 an hour from April. 

Workplace Relations and Safety Minister Brooke Van Velden had recommended a rise of just 1.3%.  

Victoria University School of Governance and Policy Studies senior research fellow Dr Michael Fletcher told Mike Hosking that at a minimum, it should rise at the same rate as inflation. 

Inflation is currently sitting at 4.7%.  

He says the Government says beneficiaries should get increases in line with the Consumer Price Index, so the lowest paid workers should get the same.  

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