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This 5.2% decision on the minimum wage could shift the trajectory for all workers

  • Written by: John Buchanan, Professor, Discipline of Business Information Systems, University of Sydney Business School, University of Sydney
This 5.2% decision on the minimum wage could shift the trajectory for all workersShutterstock

Barely a month ago Anthony Albanese was derided as a “loose unit” for endorsing a 5.1% increase in the minimum wage.

His rationale was, with 5.1% inflation, the incomes of the lowest-paid Australians at least shouldn’t be going backwards.

Now the Fair Work Commission’s expert panel, which reviews the minimum wage...

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