Big rise to minimum wage risks small business jobs, federal government warns

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Big rise to minimum wage risks small business jobs, federal government warns | nickbonyhady

The Morrison government has warned a jump in pay for low income earners could force small businesses already coping with the economic fallout of the global pandemic to cut jobs or staff hours.

In its submission to the annual minimum wage case, which typically updates the pay of about 2.3 million workers each July, the government does not say exactly what the minimum wage should be but highlights the risks of a substantial increase.Credit:About 180,000 people in Australia earn the absolute minimum wage of $19.

“Given the current uncertainties in the domestic and international economic outlook, the government therefore urges... a cautious approach,” the government’s submission says.It urges the independent expert panel which sets the minimum wage to consider the importance of creating jobs and ensuring small businesses remain viable when they deliver this year’s decision in June.

“The hypocrisy of the federal government is breathtaking - they say it’s fine to get rid of JobKeeper because the economy is recovering but workers shouldn’t have a pay rise because the economy is faltering,” ACTU assistant secretary Scott Connolly said. “They can’t have it both ways.”

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nickbonyhady

nickbonyhady All it means is the next revolution is getting closer

nickbonyhady Conversely people on low incomes will have a little more to buy an extra pizza Or pay bills Or pay rent Or pay for school uniforms Or...

nickbonyhady Well they would wouldn't they? Where's the proof? Where's the economic analysis? Where's the questioning from the journalists?

nickbonyhady Wh have heard the warnings. We have seen the outcome of their inaction. We can no longer afford to listen to the liberals who have no idea what they are doing. Higher min wage = more money in the economy =growth. The economic recovery during covid was run entirely on gov cash.

nickbonyhady Who cares.

nickbonyhady More Federal Government bullshit

nickbonyhady What’s a ‘big’ rise and what evidence is there that it will increase unemployment?

nickbonyhady Expect wage rise to be 2.5% given final adjustment to penalty rates. The FWC changes every award wage rate when they increase minimum national wage. It is more than just the minimum rate. Wage rises then flow onto some ebas/eas

nickbonyhady The LNP never agrees to low income earners being paid more. Why the surprise?

nickbonyhady Problem is that there is too many idiots out there that don't even deserve minimum wage now and they're overpaid as it is

nickbonyhady Government gets its tax, council get their rates, business get their profits, low income workers get rolled ?

nickbonyhady Yeah, small businesses hate people having money to give them in exchange of the services they provide.

nickbonyhady What about the trickle down economic theory? Strange how that NEVER happens, they just line their own pockets and the rest of us get the crumbs. Enough of the BS.

nickbonyhady LNP propaganda

nickbonyhady Piss off fed govt. If people like Gerry Harvey can make a profit during Covid AND take JobKeeper then business can pay workers what they’re worth.

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