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Discussion on the minimum wage is taking place in Australia which has the highest minimum wage in the world of $13, about twice the minimum wage in the U.S. It reflects an egalitarian culture in Australia and proponents say unemployment was high even in a period when the minimum wage was low. The minimum wage is 54% of the median wage in Australia, compared to 37% in the U.S., and is set at a level to reflect fairness. It has increased by 60% since 2000 to maintain worker's purchasing power.
Grouped Articles
Australia Weighs Whether Its Minimum Wage Is Too High
Wall Street Journal 01.26.2015
Democrats Are Rallying Around $12 Minimum Wage
New York Times 04.22.2015
Economist 08.24.2015
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