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Speaker 1: The minimum wage will increase spy one and a half percent,

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Speaker 1: or thirty five cents to twenty three dollars fifteen hour

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Speaker 1: from April. Training wages and starting wages will increase to

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Speaker 1: eighteen eighty, remaining at eighty percent of the minimum wage,

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Speaker 1: as they always do. The worker unions have criticized the move.

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Speaker 1: They say it's effectively a pay cup for low paid workers.

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Speaker 1: Alan mc donald is the Employees of Manufacturers Association Head

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Speaker 1: of Advocacy, Finance and Strategy. Alan Good Evening got on

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Speaker 1: Good to have you on the show. Do you think

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Speaker 1: this is a fear increase.

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Speaker 2: Well, just look at the announcement earlier today and look

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Speaker 2: at the economic conditions. You know, there's no money in

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Speaker 2: the tin, so a moderate increase after several years of

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Speaker 2: quite large ones is probably the right balance.

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Speaker 1: Is this still high enough that businesses might look at

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Speaker 1: either laying staff off or reducing hours.

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Speaker 2: I don't think it's there. It's just every cost at

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Speaker 2: the moment is something that business is taking into account

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Speaker 2: and not sure it will cause them to lay off people,

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Speaker 2: but what it will do, I think make them think

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Speaker 2: about who the people are that they're going to take on,

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Speaker 2: because if you're thinking about hiring people, and people are

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Speaker 2: still hiring people. If you can get someone for like

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Speaker 2: twenty five bucks an hour something like that, twenty six

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Speaker 2: who's done a couple of years in the workforce with

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Speaker 2: a proven track record, Are you going on somebody at

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Speaker 2: twenty three and it doesn't have that kind of track record?

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Speaker 2: And sometimes you know that decision comes down to all

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Speaker 2: how much time and work and effort training do I

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Speaker 2: have put into that new person as opposed to someone

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Speaker 2: with a track record, So it may affect who they

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Speaker 2: hire rather than they're hiring intentions.

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Speaker 1: Yeah, true, there'll be the minimum age workers listening to

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Speaker 1: this will go well. Actually, inflations up, you know, two

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Speaker 1: point two percent to the September quarter. This is less

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Speaker 1: than inflation. I've got rent to pay rents through up

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Speaker 1: four point four percent, a four point one percent, I

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Speaker 1: should say, from November last year November this year. You know,

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Speaker 1: surely you can find it in yourselves.

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Speaker 2: Well, you know, the minimum wage rent up forty five

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Speaker 2: percent and five years, which was well of heading inflation.

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Speaker 2: And I don't think anyone in the workforce is getting

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Speaker 2: or won't. They haven't for the last couple of years anyway,

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Speaker 2: got anything that even looked close to matching inflation, So

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Speaker 2: you know, we are all doing it a bit tough

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Speaker 2: at the moment, and thirteen and a half billion short

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Speaker 2: on revenue. Said that this morning, that.

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Speaker 1: Books that you mentioned earlier, I personally quite sad and

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Speaker 1: like almost upset looking at the government's books today, especially

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Speaker 1: when you look ahead. Everyone's saying survive to twenty twenty five,

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Speaker 1: and then you look at growth of twenty twenty five

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Speaker 1: and it's a kneemic to the point where on a

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Speaker 1: per capita basis, we're still going backwards in twenty twenty five.

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Speaker 1: How do businesses feel about those books.

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Speaker 2: I'm sure they've taken a note of that and just gone, well,

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Speaker 2: we could have told you that was going to be

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Speaker 2: the case, because businesses are still doing it very hard,

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Speaker 2: and while the Finance Minister is quite right some of

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Speaker 2: the indicators are turning, it's still probably at least six

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Speaker 2: and more likely twelve months before that kind of turn

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Speaker 2: is going to have it. And even then, as you said,

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Speaker 2: it looks pretty anemic.

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Speaker 1: Yeah, all right, Ellen, thank you very much for that.

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Speaker 1: Alan McDonald Employer's Manufacturers Association with us talking about the

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Speaker 1: increase to the minimum wage.

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