The government of Anthony Albanese will create its support for a wage increase for three million low -paid employees, including retail staff, educators in the early childhood and cleaners.
Labor will be responsible on Wednesday the Fair Work Commission – The Independent Tribunal of Australia for setting award and minimum wage – on Wednesday.
The entry urges the independent body to offer 'an economically sustainable real wage increase' for Australian employees in the field of award and low income wage.
The policy does not determine a fixed dollar or percent increase, but argues for the committee to change its current structure on wage increases.
The current entry argues for an increase in real wages – which adapted for inflation and at the same pace as the costs of living – in contrast to the earlier entries of Labor that insisted on real wages not to deteriorate.
Labor will claim that the party's economic plan will prevent the wage increases being inflived, despite the fact that any increases are consistent with inflation.
“Inflation has come down considerably and is on the way to return to the Target Band of the RBA this year,” Labor writes in his submission to the Fair Work Commission.
'An increase in the minimum and allocation wage must be consistent with this … Labor argues that this outcome is both honest and economically responsible.
The Labor Party of Prime Minister Anthony Albanese will submit a submission to the Fair Work Commission for an increase in rates and minimum wage on Wednesday
'Labor believes that employees should get ahead with a real wage increase. Despite increased global uncertainty and volatility, the Australian economy has turned around.
'Inflation is now less than a third of his peak, unemployment remains low, there are more than a million extra people in service than in May 2022 and the interest rates started to fall.
'Economic growth recovered at the end of last year and the private sector now makes an important contribution to growth. It is important that the growth of real wages has now returned and is expected to continue with 2024-25 and 2025-26.
'A soft landing in our economy looks more and more likely. Although the world economy is uncertain and Australians are still under pressure, Labor has made considerable progress when turning the economy. '
The entry adds that the Albanian government is 'aimed at completing the fight against inflation' and is determined to build a stronger budget and economy and at the same time deliver responsible costs of living.
About 2.9 million Australian employees are paid on the basis of the price, with the national minimum per hourly wage of $ 24.10.
In her claim, Labor explained that the costs of living in particular influenced the low -paid employees, many of whom have dependent children and mortgages.
“Low paid employees and their families are mainly influenced by the costs of living,” is the entry.
'They usually have limited liquid activa futers to draw on to cover the rising costs and they are less able to tackle unexpected costs
“About 20 percent of the lowest paid employees provides financially dependent children and almost 40 percent have a mortgage.”
More come …
