• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Anthony Albanese Set To Give A Pay Rise To Millions Of Australians

Home> News

Updated 22:17 22 May 2022 GMT+1Published 22:12 22 May 2022 GMT+1

Anthony Albanese Set To Give A Pay Rise To Millions Of Australians

Life could get easy under Albanese.

Rachel Lang

Rachel Lang

Millions of Australians look set to receive a pay rise after the nation elected Labor leader Anthony Albanese as the next Prime Minister.

Albanese will be sworn in as the new leader of Australia today (May 23), becoming the nation’s fourth Labor leader to take the party from opposition to government since World War II.

During his election campaign, Albanese promised Aussies that he would raise the minimum wage.

Minimum wage currently sits at $20.33 an hour, with the Labor leader vowing to push the Fair Work Commission to lift the minimum wage by 5.1 per cent.

Advert

This change is designed to keep minimum wage in line with inflation and to stop everyday Aussies from 'moving backwards'.

"We have a government that has low wage growth as a key feature of their economic architecture. They've said that," Albanese said in the lead-up to election day, as per the Daily Mail.

Fair Work reviews minimum wage annually.

If the change goes through, more than 2.7 million Aussies will benefit.

Advert

"You should be able to pay your rent, to buy food, to get by, and the Fair Work Commission should bear that in mind in the decision that they make," said Albanese.

"Labor has a plan to lift wages and that is what we will do."

Albanese's promise to raise the minimum wage came after he refused to back the Australian Council of Trade Unions in their bid for a 5.5 per cent increase.

A 5.5 per cent bump would make the minimum wage increase higher than the inflation rate.

His pledge prompted panic from the Liberals, with former Prime Minister Scott Morrison labelling Albanese a 'loose unit'.

Advert

Anthony Albanese reacts after winning Australia's 2022 federal election.
Xinhua / Alamy Stock Photo

The former PM was apparently unaware that the phrase is used as a positive moniker for people who like to let go and have a good time.

Morrison argued that the now-incumbent PM's move would see an increase of inflation and interest rates.

"It would threaten the strong wage growth we have had in employment, and ultimately it would force small businesses potentially out of business altogether," Morrison said, according to news.com.au.

"As a Prime Minister you can’t just go around making stuff up and thoughtlessly think that people can respect you when you just make these sorts of careless comments on the economy.

Advert

"What he said yesterday puts a chain reaction in place, dominoes falling that lead to higher cost of living."

Featured Image Credit: Xinhua / Alamy Stock Photo. Alamy

Topics: Politics, Australia, News

Rachel Lang
Rachel Lang

Rachel Lang is a Digital Journalist at LADbible. During her career, she has interviewed Aussie PM Malcolm Turnbull in the lead up to the 2016 federal election, ran an editorial campaign on the war in Yemen, and reported on homelessness in the lead-up to Harry and Meghan’s wedding in Windsor. She also once wrote a yarn on the cheese and wine version of Fyre Festival.

X

@rlangjournalist

Advert

Advert

Advert

  • Millions of workers in UK will get a pay rise from next week
  • Millions of Brits to get pay rise as King announces major new plans
  • Millions of workers in the UK will get a pay rise today
  • Exact date millions of Brits will get pay rise and see more money going into their bank

Choose your content:

an hour ago
2 hours ago
4 hours ago
  • an hour ago

    Dad responds after being branded 'lazy cheat' taking the 'easy way out' over 6st Mounjaro weight loss

    George Keywood has lost almost 40kg on the medication so far

    News
  • 2 hours ago

    Woman diagnosed with ADHD at 28 reveals commonly asked question that's a red flag you have the condition

    Over two million people are said to be living with undiagnosed ADHD

    News
  • 2 hours ago

    Brits face ban from Spanish restaurants over new tourism rule

    Restaurants in the Spanish hotspot of Mallorca are uniting and making a stand

    News
  • 4 hours ago

    Security expert issues chilling warning over how AI could be used to attack UK and explains the 'most difficult problem'

    There are seven main terrorism-related threats posed by AI

    News