Fair Work Commission rejects fears 5.75pc minimum wage increase risks wage-price spiral

Millions of low income workers struggling with the surging cost of living are about to get some long-awaited relief with the Fair Work Commission delivering a minimum wage increase of 5.75 percent from the first of July. The wages boost is less than unions had demanded but in making the decision, the Commission it won't cause a wages brackout and end up fuelling inflation. Reporter: ABC Senior Business Correspondent Peter Ryan Featured: Adam Hatcher, president, Fair Work Commission; Andrew McKellar, CEO, Australian Chamber of Commerce & Industry; Sally McManus, secretary, ACTU