Retailers demand real cut to minimum wage
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Master Grocers Australia (MGA) have demanded a 1.2% minimum wage increase, which would result in real pay cuts for low-paid workers if endorsed by the Fair Work Commission (FWC). From The Australian:
Master Grocers Australia, whose members include Cellarbrations, Bottle O and Duncans, said it was not economically feasible for the independent supermarket, liquor and hardware sectors across Australia to sustain more than a 1.2 per cent minimum-wage increase.
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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