If the FTC raises the minimum wage by $21 a week, what wage per week will low-skilled workers be paid? Will the outcome be efficient? Use the following information to work Problems 6 and 7. Australian unions lobbying for $21 wage rise for lowest paid Australia’s Fair-Trade Commission (FTC) sets the minimum wage for the year. In 2008, the minimum wage was set at $544 a week. In the current negotiations, unions are lobbying for a $21 a week rise and businesses for a $8 a week rise.