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Australia's high minimum wage with lower employment in mining and construction in 2015-2016

01/26/2015

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

Goodbye to all that

Economist 08.24.2015


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