No, no, no! Messrs Albanese and Morrison, the ACTU and the Business Council, The Sydney Morning Herald, The Age and Murdoch media, the Australian Industry Group and everyone else are all wrong about a 5.1 per cent increase in the minimum wage matching the inflation rate.
Whether you are on the minimum wage, the median wage or the average wage, a 5.1 per cent wage increase will leave you well behind the consumer price index increase of 5.1 per cent.
