Minimum wage will be increased by $17 to $484.40

The nation's 1.6 million lowest paid workers will receive an extra $17 a week following the Australian Industrial Relation Commission's (AIRC) minimum wage case hearing.

In it's ruling the AIRC said "the federal minimum wage will be increased by $17 to $484.40 per week."

The Federal Government pushed the AIRC for an offer of no more than $11 per week. Business lobbied for no more than $10 per week.

With the Federal Government planning to "gut" the AIRC this could be the last wage case settled by arbitration after 98 years.

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