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Government Announces $915 Minimum Wage: See Effective Date - Politics - Nairaland

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Government Announces $915 Minimum Wage: See Effective Date by PENTALK360(m): 11:06am On Jul 11
Australia’s Fair Work Commission has announced a minimum wage increase to $915.90 per week for workers. The Australian government said the minimum wage rise took effect on July 1, 2024. This represents a 3.75 percent rise in the National Minimum Wage, amounting to $24.10 per hour.

The increase is expected to bolster compensation amid economic shifts and inflation, benefiting both local workers and international work visa applicants. For employers, meeting or exceeding these wage standards enhances their ability to attract and sponsor skilled overseas workers.

This adjustment is particularly pivotal for occupations covered by Modern Awards, which dictate industry-specific minimum pay rates and conditions. The last minimum wage increase by the Australian government was announced in July 2023.

Meanwhile, in Nigeria, the government and workers under the aegis of organized labour failed to agree on a minimum wage after the statutory five years expired in April 2024. The Nigerian government agreed to pay N62,000 as a new minimum wage, which is a 100 percent increase compared to the current N30,000 minimum wage. However, Nigerian workers proposed a new minimum wage of N250,000. Consequently, President Bola Ahmed Tinubu stepped down the new minimum wage proposal by its tripartite committee to allow for further discussion.

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Re: Government Announces $915 Minimum Wage: See Effective Date by Remman(m): 11:48am On Jul 11
Countries where the leaders are in good harmony with the people.
Re: Government Announces $915 Minimum Wage: See Effective Date by Balablue64: 1:02pm On Jul 11
OP you dey smoke ibo
Re: Government Announces $915 Minimum Wage: See Effective Date by budaatum: 1:47pm On Jul 11
Remman:
Countries where the leaders are in good harmony with the people.

Countries where the people elect leaders who are in harmony with the people.

Re: Government Announces $915 Minimum Wage: See Effective Date by Melagros(m): 2:06pm On Jul 11
COMRADES, APC's government is not good for Nigeria

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