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Unions, business butt heads over increase to the minimum wage

About 2.5 million Australians will be better off after the independent panel that sets the minimum wage agreed to a pay rise.

The increase means about $20 a week more for workers in industries like hospitality, retail and administration, although some workers will have to wait until November after the panel decided some industries had taken longer to recover than others.

Retail workers won’t see the increase until September, despite many employers in that industry posting bumper profits.

Today on Please Explain industrial relations reporter Nick Bonyhady joins Nathanael Cooper to discuss the increase to the minimum wage.

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