Pay hike could cost jobs: govt

Coalition warns Fair Work Commission on raising the national minimum wage.

The Abbott government has urged the Fair Work Commission to consider warnings from 500 US economists about the “serious consequences’’ for business of raising the national minimum wage.

As part of its annual minimum wage review, the commission asked the government, unions and employers for their views on a letter from 600 economists supporting an increase in the US federal minimum wage in three steps by 2016.

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