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Business groups demand smaller wage increases for workers

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Business groups have demanded the government cap any increase to the minimum wage at two per cent.

Smaller companies struggling to stay afloat say they've been left 'short-changed' in the federal government's third budget.

They claimed their costs increased by 30 per cent this year thanks to rising energy and transport bills, coupled with global cocoa supply chain issues. Michele O'Neil, President of the Australian Council of Trade Unions criticised any suggestion of capping the minimum wage."It's unfair and it's insulting to low paid workers in Australia."

 

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