Nearly 2.8 million Australian workers will receive a 4.75 per cent pay rise this July to help ease severe cost of living pressures.
Key Points
- The Fair Work Commission's decision lifts the base national minimum wage to $1,004.90 per week.
- Around 21 per cent of the national workforce on modern awards will directly benefit from the salary adjustment.
- Union leaders welcomed the financial relief while employer groups warned the changes could hit small businesses hard.
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