Why is this important?
Big corporations' profits are soaring but inequality is the highest it's been in 70 years.
This is why we're joining with the ACTU to call for an increase in the minimum wage to to a living wage.
In 1999, our minimum wage fell below the median wage for the first time. Since then, it's only plummeted further. Over the past decade, we have experienced the largest fall in minimum wage as a proportion of full time average earnings of any country in the OECD.
While wages are flatlining, our cost of living has gone through the roof. Electricity prices have increased 539% greater than inflation, while childcare costs have increased 116% more.
Tying our minimum wage to 60% of the median wage will lead to a minimum weekly wage of $852.60 for Australia's lowest paid full time workers. It means over $150 more every week for minimum wage workers.
Together we can change the rules and fight inequality.