Unions claim $50-a-week wage rise will boost jobs

The Australian Council of Trade Unions (ACTU) is urging the Fair Work commission to consider lifting the minimum wage, in a bid to boost the economy and benefit workers.

Unions project increasing wages by $50-a-week will create between 50,000 to 57,000 new jobs in the first year after being introduced.

ACTU Secretary Sally McManus said low-paid workers and employers would be better off.


ARTICLE CONTINUES AFTER THIS ADVERTISEMENT


“We hope the Fair Work Commission takes this into consideration,” she said.

“They really need to start rejecting the stories they are being told that any increase in the minimum wage will mean people will lose jobs. Every single year that has proven not to be true.”

The Australian Chamber of Commerce and Industry and the Australian Industry Group have told the commission ACTU’s projections were “manifestly excessive” and “would risk business sustainability, hours and jobs if adopted”.

The Fair Work commission’s decision on the latest minimum wage increase will take effect from July 1.

Subscribe
Notify of
1 Comment
oldest
newest most voted
Inline Feedbacks
View all comments

Well if a $50 p.w. rise will create at least 50 000 new jobs in the first year, why not go all out and ask for a rise of a million dollars a week. We’ll employ the whole world!