Last week, the head of Restaurant and Catering Australia, Wes Lambert, called on the Fair Work Commission (FWC) to freeze the minimum wage, warning the price of a coffee will soar to $7 if the minimum wage is increased in line with inflation:
“Any minimum wage increase that is close to CPI runs the risk of severely hampering the recovery of the hospitality industry after Covid, as consumers are not going to be prepared for major price increases”.
“I think if the minimum wage increase is CPI or higher, Australian consumers had better be ready for $7 coffees.”
