Minimum wage rises 50c to $15.25

Minimum wage rises 50c to $15.25
Edwin Mitson
By Edwin Mitson Feb. 29 (BusinessDesk) - The minimum wage is to rise by 50 cents to $15.25 an hour from April 1 2016. The increase, announced by Workplace Relations and Safety Minister, Michael Woodhouse, will also see the starting out and training hourly minimum wages increase from $11.80 to $12.20 an hour. Woodhouse said the move would benefit both individuals and the economy: "An increase to $15.25 per hour will directly benefit approximately 152,700 workers and will increase wages throughout the economy by $75 million per year". He...