A number of economists have suggested that the notion of a two-tiered increase in the minimum wage is worth considering, claiming that it would help limit a spike in inflation.
The idea has been floated by Fair Work Commission (FWC) wage panel commissioner Peter Hampton, who has proposed giving people on lower minimum award classifications a higher increase than those on more ‘senior’ classifications.
However, the idea is not supported by either employer groups or unions, with ACTU secretary Sally McManus saying it wants all workers to receive a real wage increase.
