The 4.75 per cent minimum wage increase is unlikely to flow through to higher prices as much as businesses warn. It might even be the key to keeping them in check.

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

The Fair Work Commission has just added to the Reserve Bank’s inflation troubles with a large increase in the minimum wage.

Readers respond to business leaders’ negative take on the 4.75 per cent wage rise for Australia’s lowest-paid workers.

The 4.75 per cent minimum wage increase is unlikely to flow through to higher prices as much as businesses warn. It might even be the key to keeping them in check.