WAGE BOOST: Albanese Government Backs Real Increase for 3 Million Low-Paid Australian Workers
Cost of Living Relief Continues as Government Submission to Fair Work Commission Targets Award Workers
The Albanese Labor Government has today made a critical submission to the Fair Work Commission (FWC) advocating for "an economically sustainable real wage increase" for Australia's award workers, potentially delivering significant financial relief to approximately three million Australians amid ongoing cost of living concerns.
Working to help three million Australians combat rising living costs, this latest government initiative builds on a strong track record of wage advocacy that has already delivered significant results, with the minimum wage increasing by $143 weekly and median wages rising by $206 per week since Labor took office.
Why This Matters:
After inheriting an economy where real wages were declining by 3.4%, the Albanese Government has successfully engineered a turnaround, with inflation falling substantially since its 2022 peak and trimmed mean inflation easing to 3.2% over 2024. This latest submission aims to continue that positive trajectory while bolstering financial security for Australia's most vulnerable workers.
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