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Minimum wage increase of 2.5% disappoints unions and employers

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The increase of close to $16 a week is less than the union’s demand for $27 but more than the below-inflation rise business groups had urged

Australia’s lowest paid workers will receive a pay rise of 2.5%, taking the minimum wage to $17.29 an hour.

The decision by the Fair Work Commission takes the minimum wage to $656.90 a week, or just under $34,200 a year. It is an increase of 42c an hour.

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