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Australia raises minimum wages by 3.5% as inflation eases

Australia raises minimum wages by 3.5% as inflation eases

3/06/2025

Australia’s Fair Work Commission (FWC) has announced a 3.5% increase in the national minimum wage, effective from July 1. This decision will benefit approximately 2.6 million of the country’s lowest-paid workers, raising the hourly rate to A$24.94 ($16.19) and providing full-time employees with an additional A$1,670 annually.

FWC President Adam Hatcher emphasised the importance of this wage hike in preventing a permanent reduction in living standards for the lowest-paid workers, especially as the country emerges from a period of high inflation. The increase comes as Australia’s headline inflation rate has moderated to 2.4%, comfortably within the Reserve Bank of Australia’s target range. The Australian Council of Trade Unions welcomed the decision, describing it as “a great outcome” for minimum wage earners.

This wage adjustment occurs against the backdrop of a resilient labour market, with unemployment holding steady at 4.1%, and recent interest rate cuts by the central bank. The decision strikes a delicate balance between supporting low-income workers and maintaining economic stability as Australia navigates post-pandemic economic challenges and global trade uncertainties.

Read the original article here: https://www.msn.com/en-ca/money/economy/australia-raises-minimum-wages-by-3-5-as-inflation-eases/ar-AA1FXQr7?ocid=BingNewsVerp

UK Overseas Territories Day

UK Overseas Territories Day

2/06/2025

This historic first celebration began with an Evensong service featuring special prayers for the Overseas Territories, during which Dr. Tasha Ebanks-Garcia, the Cayman Islands Government Representative, delivered a reading. A reception at The Cellarium Terrace of Westminster Abbey followed the service.

UKOTA President and Cayman Islands Premier Juliana O’Connor-Connolly emphasised the day’s significance in celebrating diversity and fostering unity within the “Global British Family.” The initiative represents a formal recognition of the historical, cultural, and economic importance of these territories to the United Kingdom.

The event marks a new chapter in recognising the cultural contributions and unique identity of Britain’s Overseas Territories, with plans for future celebrations to include activities and events across both the territories and the United Kingdom.

Malta to formally recognise Palestine next month

Malta to formally recognise Palestine next month

2/06/2025

Malta’s Prime Minister Robert Abela announced that his country will officially recognise the State of Palestine following a summit on June 20, citing moral obligations amid the ongoing conflict in Gaza that has claimed nearly 54,000 Palestinian lives.

The decision comes after a tragic incident in Khan Younis, where nine children of Palestinian paediatrician Dr. Alaa Al-Najjar were killed in an Israeli airstrike. Abela offered to welcome the surviving doctor and family members to Malta. While Malta has maintained a Representative Office in the Palestinian territories since 2009, facilitating educational and cultural exchanges, this recognition marks a significant diplomatic shift. The office currently oversees scholarship programs and provides consular services to Maltese citizens.

Malta joins a growing list of nations recognising Palestinian statehood, becoming the latest of 147 UN member states to do so. Nine countries, including Ireland, Spain, and Norway, have extended recognition in 2024 alone. Notable G20 members, including Brazil, China, and Russia, have already recognised Palestine. The recognition encompasses the West Bank, Gaza Strip, and East Jerusalem as part of a sovereign Palestinian state.

Read the original article here: https://5pillarsuk.com/2025/05/28/malta-to-formally-recognise-palestine-next-month/

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