Australia Raises Minimum Wage by 4.75% for Low-Income Workers

Sydney. Australia's independent wage-setting body has announced that the minimum wage for about 2.8 million low-income workers in the country will be increased by 4.75 percent from July.

Some economists have warned that this decision could create further pressure on inflation. According to the Fair Work Commission, the minimum weekly wage will reach 1,409.90 Australian dollars (approximately 719 US dollars) from July 1.