Why millions of Australians are suffering a pay cut despite a big rise in the minimum wage


Millions of low-paid Australian workers on award wages and apprenticeships will suffer a pay cut despite the biggest minimum pay increase in 16 years.

Australia’s unemployment rate in May stayed at 3.9 per cent for the third straight month – holding at the lowest level since August 1974.

But experts fear rising inflation will see unemployment rise later this year as the Reserve Bank of Australia was forced to put up interest rates. 

The Fair Work Commission on Wednesday awarded a 5.2 per cent…



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