You need a maths lesson tinhead.
"Lift wages to match a growth in inflation and some unintended consequences occur. Ask any economist. These consequences include a boost to inflation, faster rises in the interest rates, deterioration in the Terms of Trade.
A 5% pay rise would mean:
$20.33 x 5% = $1 approx. per hour.
This is what Albo was holding out in front of the media - a $1 coin!!!
@tinnitus(Hence the post which claims it is a pay rise of $3.20 per day is incorrect.)
for a 38 hour week, the pay rise is $38.00 per day."
