How the minimum wage increase could impact small businesses

The Fair Work Commission has raised Australia's minimum wage by 3.5 per cent - however many small businesses are raising the alarm.

ผู้ประกอบการได้รับผลกระทบจากการขึ้นค่าจ้างขั้นต่ำ

ขณะที่ลูกจ้างรู้สึกยินดีกับการขึ้นค่าจ้างขั้นต่ำ ผู้ประกอบการหลายรายกำลังรู้สึกกังวลถึงผลกระทบที่จะตามมา Source: MITO Images

The Australian business community says it will be hit hard as a result of the Fair Work Commission’s decision to raise the minimum wage.

The move lifts the minimum wage to $18.93 an hour, or $719.20 a week from July 1.

Australian Chamber of Commerce and Industry CEO James Pearson says that’ll place additional pressure on small business owners.

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1 min read
Published 17 July 2018 2:31pm
Updated 17 July 2018 2:53pm
By Sana Qadar
Presented by Tinrawat Banyat
Source: SBS Small Business Secrets

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