Question: > Before Fair Work Commission in Australia announced its formal decision to increase Australian minimum wage by 5.2 percent, the following prominent politician and peak

 > Before Fair Work Commission in Australia announced its formal decision

> Before Fair Work Commission in Australia announced its formal decision to increase Australian minimum wage by 5.2 percent, the following prominent politician and peak bodies voiced their opinion on their desired increase for Australia's minimum wage rate: 0 In April 2022, the Australian Council of Trade Unions (ACTU) urged for an increase of 5.5 percent for minimum wage rate. 0 In May 2022, the Australian Chamber of Commerce and Industry (ACCI) proposed an increase of 3 percent for minimum wage rate. a In May 2022, current Prime Minister Anthony Albanese said during the federal election campaign he wanted the minimum wage increase to be 5.1 percent. On 15 June 2022, Fair Work Commission in Australia announced its formal decision to increase Australian minimum wage by 5.2 percent

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!