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The Minimum Wage Is Going Up, But Not Everyone Is Happy

The Fair Work Commission has ruled there will be a rise to Australia's minimum wage.

Our lowest paid workers will see a boost of 3.5% ($24.30) to $719.20 a week.

Unions had been calling for a $50 rise, but said it's a step in the right direction.

"This increase takes us closer to our goal of 60% of the median wage," said ACTU Secretary Sally McManus.

Some business owners aren't happy, with claims it'll force small business owners to slash the hours of workers because they can't afford the new wage.

“Many retailers are confronting extraordinarily challenging trading conditions, and they are crying out for help," said Dominique Lamb from the National Retail Association.

“This is the biggest increase in the minimum wage in recent memory and we are concerned that it will result in fewer jobs in retail."

The ruling will come into effect on July 1.

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