Minimum wage to go up 4.75 per cent to $26.44 per hour
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Top Comments (10)
The issue is that the workers will have to pay 32% tax on the 4.75% meaning that they will get 3.23% increase in their after tax income. But the current inflation is 4.2% as of March 2026. That means their wage increase went down by 0.97% compared to inflation.
We all should get a $20,000 pay rise like politicians GET.
Yes but when you account for inflation over the past few decades. It should be like $60 an hour. Just to have the same purchasing power as the minimum wage a few decades ago. It's a disgrace.
Remember this: When the minimum wage goes up, less money goes to those that make the least.
$978 per week less tax is hardly a living wage. If inflation is at 4% you have to protect the lowest paid or they will fall into even more hardship.
And they’ll take it back in taxes
I have done some rough analysis of this wage increase and it may increase inflation by around 1%.
This just in looks like the cost of everything will be going up by over 5%! More like 10% to 100% soon when the food shortages kick in!
OH HOW DARE THEY INCREASE WAGES OF REAL WORKERS!!!! WILL SOMEBODY THINK IF THE BILLIONAIRES!!!
So if business is suffering because of consumer confidence; it stands to reason giving a pay rise to consumers would be a good thing ... but no because its apay rise to the lowest wage earners it's bad for business ... the same business's that put prices up due to inflation, and raised them again when fuel prices went up and again when interest rates went up and of course up again with the changers to negative gearing and CGT
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Top Comments (10)
The issue is that the workers will have to pay 32% tax on the 4.75% meaning that they will get 3.23% increase in their after tax income. But the current inflation is 4.2% as of March 2026. That means their wage increase went down by 0.97% compared to inflation.
We all should get a $20,000 pay rise like politicians GET.
Yes but when you account for inflation over the past few decades. It should be like $60 an hour. Just to have the same purchasing power as the minimum wage a few decades ago. It's a disgrace.
Remember this: When the minimum wage goes up, less money goes to those that make the least.
$978 per week less tax is hardly a living wage. If inflation is at 4% you have to protect the lowest paid or they will fall into even more hardship.
And they’ll take it back in taxes
I have done some rough analysis of this wage increase and it may increase inflation by around 1%.
This just in looks like the cost of everything will be going up by over 5%! More like 10% to 100% soon when the food shortages kick in!
OH HOW DARE THEY INCREASE WAGES OF REAL WORKERS!!!! WILL SOMEBODY THINK IF THE BILLIONAIRES!!!
So if business is suffering because of consumer confidence; it stands to reason giving a pay rise to consumers would be a good thing ... but no because its apay rise to the lowest wage earners it's bad for business ... the same business's that put prices up due to inflation, and raised them again when fuel prices went up and again when interest rates went up and of course up again with the changers to negative gearing and CGT