Millions of workers in Australia to receive 4.75 per cent pay rise from July 1 | ABC NEWS
Almost 3 million Australian workers will receive a pay boost after the Fair Work Commission raised modern award wages by 4.75 per cent in its annual wage review.
Inflationary pressures and economic uncertainty over the Iran war weighed on the industrial relations watchdog’s decision.
An economist told the ABC the outlook for inflation which informed the wage increase was not ‘great’ news because it was in line with the Treasury and the Reserve Bank’s forecasts.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-06-02/minimum-wage-increase-june-2026-australia/106746542
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia #abcnewschannel
