‘Reckless’: Aussies MUST get a pay rise if economy is to grow

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(Source: Getty)
(Source: Getty)

Failing to secure an increase to the national minimum wage would be “economically reckless” and “morally indefensible”, a thinktank has said, with a pay rise necessary for Australia’s future economic growth.

The 2021 Budget predicts that economic growth will be powered by 5.5 per cent growth in consumer spending in 2021-22 – but this is a “highly optimistic assumption” and simply won’t happen without a “significant increase” of 3.5 per cent to the minimum wage, thinktank Per…

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