Posts tagged "increase to minimum wage"

The minimum wage should not rise any more than 3% as small businesses slog through a “cost of doing business crisis”, says the Council of Small Business Organisations Australia.

Such a large increase in wages could fuel a wage-price spiral and secondly it could also increase unemployment.

The federal government has maintained its call for the national minimum wage to move in line with inflation, heralding the possibility of significant back-to-back increases flowing through to small business employers.

A range of legal changes is set to occur at the start of the new fiscal year. Here are the key changes affecting small and medium businesses.