Australian budgetAustralian Economy

Forget lifting the minimum wage, raise JobSeeker instead

Leith van Onselen
Monday, 18 May 2020
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Another fight is brewing over Australia’s minimum wage.

The Australian Council of Trade Unions (ACTU) is pushing for a 4% ($30 a week) increase:

“Delaying increases in the minimum wage will delay the recovery from coronavirus and mean unnecessary hardship for millions of working people and their families,” an ACTU spokesman said.

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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.