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Increased living wage unlikely to up the cost of living

Author
Newstalk ZB,
Publish Date
Mon, 3 Apr 2023, 8:22am
Photo / Getty Images
Photo / Getty Images

Increased living wage unlikely to up the cost of living

Author
Newstalk ZB,
Publish Date
Mon, 3 Apr 2023, 8:22am

Research claims that an increase to the living wage won't push up the cost of living.

From September first, it will jump to $26 an hour, $3.30 above minimum wage.

It's an almost 10-percent rise since last year.

Living Wage Movement's Gina Lockyer told Mike Hosking their research shows that businesses make cost savings elsewhere, so they don't pass on the costs to consumers.

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