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Minister for Employment and Office Relations Tony Burke has introduced the federal government has made a submission to the Truthful Work Fee in its annual wage overview.
With 21-year excessive inflation charges and stagnant wages, Burke mentioned the federal government desires to extend wages, which was a key election promise.
“The submission makes clear that with the Wage Value Index measured towards that, it means persons are going backwards by 2.7 per cent,” Burke mentioned.
“The federal government does not need anybody to go backwards, however that is at its most acute for low wage earners.”
Within the submission, the federal government has really useful the Truthful Work Fee “ensures that the true wages of Australia’s low paid employees don’t go backwards”.
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