How the minimum wage increase could impact small businesses

The Fair Work Commission has raised Australia's minimum wage by 3.5 per cent - however many small businesses are raising the alarm.

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The Australian business community says it will be hit hard as a result of the Fair Work Commission’s decision to raise the minimum wage.

The move lifts the minimum wage to $18.93 an hour, or $719.20 a week from July 1.

Australian Chamber of Commerce and Industry CEO James Pearson says that’ll place additional pressure on small business owners.

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