Labor fuels business fears with talk of higher minimum wage

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Labor has ramped up plan to lift the minimum wage despite industry claims the election pitch could cost employers $8.7 billion a year

after Labor finance spokesman Jim Chalmers said the independent umpire would “do the right thing” to fix the problem.

ACCI chief executive James Pearson wrote to Mr Shorten last week asking for a meeting to learn how a Labor government might change the law or seek another way, yet to be explained, to increase the minimum wage. Previous attempts to apply the “living wage” have been blocked in the past because the Fair Work Commission makes its decisions based on the considerations set in the Fair Work Act.

“With wages flatlining and people struggling to make ends meet, we need to ensure the Fair Work Commission has the right tools to make its decision.”Jobs and Industrial Relations Minister Kelly O’Dwyer said Labor had to explain how it would achieve what it claimed.

 

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No ... frigging ... idea Scarier thing is the rest of his unionouppets on the front bench can’t see it either billsadill unreliaBill wearescrewed

nchuah Company profits are up 10% I’m sure they could give a living wage without any hardship.

dianneraynor Most of those big corporates don't pay tax so to have some money going back as wages to Australians is fair. auspol

Labor=Communism nothing more, nothing else😢😣😩😰😲😳

8.7Bn seems a trivial amount to punt into the worker bonus pool.

The thing employers don't seem to understand is this: 1. In certain industries there has been no actual wage increase in 7 years whilst living costs have rocketed up and profits have also. 2. People are having to work 3 jobs in some cases just to cover their expenses.

That’d be the $8.7bil they owe Australian Workers! 🤬

All I hear is waaaaah!

No idea!

It's time for Billy to put cards on the table & state how much he intends to increase the minimum wage, the numbers can be modeled & the electorate can decide themselves. But it's beyond the scope of Labor cheerleaders like the Age to ask for such detail to keep people informed.

Whats the guess its the same employers whose company's fail to pay their fair portion in tax.

A minimum wage of $23 per hour. Why so stingy billshortenmp? Make it $50 or 100 or $1000 per hour and everyone can live in luxury. In Venezuela they just lifted it by 300% & that seems to be working really well. You know you want to turn Australia into Venezuela. auspol

More lies, falsehoods and absurdity from Labor! Like everything, this is yet another pie-in-the-sky fantasy from Labor! Never forget, Rudd/Gillard/Rudd/Shorten/Plibersek/Bowen/Swan/DISASTER...!!!

And pensions I hope!

Just remember wages go people lose jobs and the cost of living goes up and interest rates go up.People in Sydney & Melbourne take note

So what people have to live as well Everything is up and at the end of the week there is no money left when the top end of the town makes zillions

Most minimum wage jobs are imminently replaceable by robots. Already begun at supermarkets, fast food outlets. This gives business real impetus to double down on that tactic

Shorten will promise anything to be PM, he gets in and up goes Interest rates and Inflation overnight.......wages are fine compared to CPI.....Pensions, especially single pensioners and single parents with kids are the real ones needing more support, the rest is greed.

If you are paying wages you are making money Pretty Simple

Oh well. Retrenchments to rise in that case? Careful what you wish for.

is business unconcerned by low consumer demand?

Where is he getting all this money from? Of yeh taxes

Give the people more money & their buying power increases, so does the wealth generated by their economic activity. Then of course the tax base increases too, so that we all benefit from extra government spending on infrastructure, as a result of increased tax revenue. Good idea.

labor don't give a stuff about battlers, they forced 100,000 parenting payment recipients on to newstart in 2013, leaving them from $60 to $160 a week worse off, those people had young kids, that's how much labor care about battlers

This guy just has absolutely no idea about business how it works and how to handle money! He is going to destroy everything. Absolute lunatic

Introduced at a contractionary point in the economic cycle, higher minimum wages will do a lot of damage to economic growth.

The $10 coffee is just around the corner...

Gotta make sure we keep those stupid fcks on minimum wages, down. Always enjoy my cocktails better when it's served by some loser on minimum wage.

What about raising the cost of living and costing jobs, putting more people on government assistance?

Hmmm job losses on the way

The minimum wage is zero $. Raise it all you want and more people will get zero.

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