Given cost of living has moved to the number priority item for Australians
The decision by Labor to support an increase to the minimum wage makes both good economic and political sense. It represents a catch up for workers linked to the minimum wage.
The ACTU is asking for a larger increase but Labor is linking its decision to the inflation rate.
This announcement contrasts with the Coalitions approach to not give implicit support to wage increases in submissions to Fair Work on the minimum wage.
The workers of Australia have carried the can for years now while many made huge profits. Time for this to be rectified.