#auspol #minimumwages #awardwages #realvalue

Spare us the talk about a wages explosion. There’s nothing wrong with lifting Australia’s lowest wages in line with inflation Increases in award wages do very little to boost Australia’s total wage bill, and even less to boost inflation.

“Far from setting off a #wages explosion, increases in #AwardWages (those awarded by the #FairWorkCommission to predominately low-paid workers) appear to barely move the dial at all.”