Editing Minimum wage (section)

=== Australia ===
In Australia, the Fair Work Commission (FWC) is responsible for determining and setting a national minimum wage as well as the minimum wages in awards setting wage rates for particular occupations and industries. ''The Fair Work Act 2009'' establishes an Expert panel tasked with providing and maintaining a safety net of a fair minimum wage. The Expert panel is made up of the president of the panel, three full time commission members, and three part time commission members. All members must have experience in workplace relations, economics, social policy or business, industry and commerce and can inform its decision making through commissioning a range of economic and social research.<ref>{{Cite web |title=Annual wage reviews {{!}} Fair Work Commission |url=https://www.fwc.gov.au/hearings-decisions/major-cases/annual-wage-reviews |access-date=2 May 2022 |website=www.fwc.gov.au}}</ref>

The legislative framework requires that, in setting minimum wages, the Expert Panel is required to take into account the current state of the economy, including inflation, business competitiveness, productivity and employment growth. In addition, the Expert panel must also consider the social goals of the promotion of social inclusion, the standard of living of the low paid, equal remuneration for work of equal or comparable value and reasonable wages for junior employees, employees whose jobs have training requirements and employees with disability.<ref name=":02">{{cite act|type=Act|index=Part 2-6|date=7 July 2009|article=Fair Work Act|article-type=Act|title=Fair Work Act 2009|trans-title=|page=284|url=https://www.legislation.gov.au/Details/C2017C00323|language=English}}</ref> See [[Fair Work Act 2009]] for more information.

The Expert panel conducts yearly wage reviews, to determine if the minimum wage needs to be adjusted based on the economy's current and projected performance. The annual minimum wage review decisions in 2016–17 found, based on research tendered and submissions to the review, that moderate increases to minimum wages do not inhibit workplace participation or result in disemployment. This position was carried over to the 2017–18 and 2018–19 decisions<ref name=":02" /> and informed the decisions including the 2018–19 decision which delivered a minimum wage increase of 3% when the corresponding headline rate of inflation was 1.3%.<ref>{{cite act|type=Decision|index=Annual Wage Review|date=30 May 2019|article=Fair Work Act|article-type=Act|title=Annual Wage Review 2019|trans-title=Decision|page=10|url=https://www.fwc.gov.au/documents/wage-reviews/2018-19/decisions/2019fwcfb3500.pdf|language=English}}</ref> In the annual minimum wage review decisions of 2019–20 and 2020–21, the FWC was considerably more constrained in setting minimum wages due to uncertain economic conditions during the [[COVID-19 pandemic]] and the 2020–21 decision noted the uncertainty of the impact of increases in the minimum wages for youth employment.<ref>{{cite act|type=Decision|index=Annual Wage Review|date=16 June 2020|article=Fair Work Act|article-type=Act|title=Annual Wage Review 2020|trans-title=Decision|page=10|url=https://www.fwc.gov.au/documents/decisionssigned/html/pdf/2021fwcfb3500.pdf|language=English}}</ref>