The Fair Work Commission said uncertainty and inflationary risk from the Iran conflict militated against wage increases above forecast CPI and awarded 4.75 per cent for most, but 6 per cent for those at the very bottom.

Unions had been calling for a 6 per cent increase, which employers branded a "ludicrous" ask.

Millions of Australians have been handed a pay rise, and the lowest-paid workers are getting the biggest bump in a move employer groups warn will fuel inflation.

The Fair Work Commission has raised minimum and award wages in line with inflation over the past year, falling short of the demands of unions but issuing a larger rise than…

Unions had demanded 6% pay increase for lowest paid after war in Middle East pushed inflation higher

Australia's minimum wage will increase by 5.97 per cent, and minimum award workers will get a 4.75 per cent pay boost, in the Fair Work Commission's (FWC) annual wage review.

The Fair Work Commission said uncertainty and inflationary risk from the Iran conflict militated against wage increases above forecast CPI and awarded 4.75 per cent for most, but…

Millions of Aussies will get a pay rise amounting to nearly $3000 a year after the Fair Work Commission raised the minimum wage.