Minimum wage rises more than inflation in 'particularly challenging' decision
www.abc.net.au
Australia's minimum wage will increase by 5.97 per cent, and minimum award workers will get a 4.75 per cent pay boost, in the Fair Work Commission's (FWC) annual wage review.

In short:

The Fair Work Commission has increased the national minimum wage by 6 per cent and modern award wages by 4.75 per cent.

Australian unions are happy with the decision but businesses are disappointed.

What’s next?

Some economists say the decision will not have a material impact on inflation, but others think it could increase price pressures and force the Reserve Bank to lift interest rates again.