Surprise minimum wage increase could worry Reserve Bank, T-Corp chief economist Brian Redican warns

Millions of low income workers struggling with the surging cost of living will be could get some relief later this morning when the Fair Work Commission reveals it's latest decision on the minimum wage. Some economists are predicting an increase of seven percent so minumum wages keep up with inflation. But Brian Redican chief economist at T-Corp says any surprise increase above seven percent could fuel inflation and worry the Reserve Bank. Reporter: ABC Senior Business Correspondent Peter Ryan Featured: Brian Redican, chief economist, T-Corp at NSW Treasury Corporation