Mixed Reaction as Welcomed Wage Rise Adds Pressure on Small Business Owners

Mixed reaction as welcomed wage rise adds pressure on small business owners

Warrnambool support groups and residents welcome the wage increase. Uncover why families still struggle to meet basic needs and pay bills.

Central Coast businesses weigh up minimum wage and award increase

A Central Coast business owner has weighed in on the latest changes to Australia’s minimum wage and award increase. Millions of workers are set to benefit from a pay rise, but Business New South Wales warns that could hurt customers’ hip pockets.

The minimum wage is rising and nearly 2.8m workers will feel it. So will the businesses that employ them

Absorb it, raise prices, cut hours or reduce staff. Small business owners are weighing some uncomfortable options right now, with just weeks until the changes kick in. The Fair Work Commission handed down its annual wage review decision, moving the national minimum from $24.95 to $26.44 an hour. In weekly terms that is a shift from $948 to $1,004.90, based on a standard 38-hour week. For workers covered by modern awards, the floor goes up by at …

Minimum wage rise a win for aged care - Aged Care Insite

Millions of Australian workers will receive a 4.75 per cent pay rise from July 1, after the Fair Work Commission (FWC) handed down its annual wage review. The decision was welcomed by unions as overdue relief for frontline care workers but criticised by business groups as a potential tipping point for struggling employers. The ruling lifts the national minimum wage to $26.44 an hour, up from $24.95, and increases weekly pay to $1004.90 for worke…