Good news for those on the bottom income line, the minimum wage will increase by 3.5%, to $948 per week or $24.95 per hour, based on a 38-hour work week. The changes are expected to impact 2.6 million and will apply from the first full pay after July 1.
That’s a lot of us on minimum wage. On the surface of it, 2.6 Million sounds like roughly 10% of us. But the reality is even more grim than that. The number of people working is only a sub-set of Australians. According to ABS, there are about 14,620,600 Australians working. So, 2.6 Million is about 18% of workers.
Good news for those on the bottom income line, the minimum wage will increase by 3.5%, to $948 per week or $24.95 per hour, based on a 38-hour work week. The changes are expected to impact 2.6 million and will apply from the first full pay after July 1.
😲
That’s a lot of us on minimum wage. On the surface of it, 2.6 Million sounds like roughly 10% of us. But the reality is even more grim than that. The number of people working is only a sub-set of Australians. According to ABS, there are about 14,620,600 Australians working. So, 2.6 Million is about 18% of workers.