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Businesses say higher wages will lead to higher prices. Be suspicious
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.
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sbs.com.au
Millions of Australians get 4.75 per cent pay rise after minimum wage decision
Unions had been calling for a 6 per cent increase, which employers branded a "ludicrous" ask.
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theage.com.au
Employers warn of price pressures as one in five workers get 4.75% pay rise
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.
