
Fact Check Fumble: Danonomics Claims Minimum Wage Rise of 8.6%, but Real Wages Take a Dive
We fact-checked Dan Repacholli’s claim about the rise in minimum wages and found it to be inaccurate. Fair Work did increase the minimum wage in 2023 by 5.75%. However, this increase is 3% less than the current inflation levels, which means that in real terms, wages have actually decreased. It seems that Dan and his team may have arrived at the figure of an 8.6% increase by adding last year’s increase to this year’s increase. In 2022, the minimum wage rose by 5.2%, and in 2023, it rose by 5.75%, resulting in a total increase of 10.95% over two years. While...
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