Yesterdays GDP figure put the annual growth rate for Australias economy well above 3 per cent, but employers are warning that the Fair Work Commissions decision to raise the minimum wage may undercut that. Employer groups say the 3 per cent rise has left the country with the most expensive workers in the world, but unions say wages growth is the lowest it has been in decades and is still well below inflation.
Posted on: Thu, 05 Jun 2014 04:30:36 +0000
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