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ACTU claim would cost 310,000 jobs, cut economic growth by 2%: DEWR consultant's report

The DEWR's submission to the Fair Pay Commission supports a minimum wage increase but refuses to cite a quantum, while its consultant's report provides the new pay-setting body with a handy rule of thumb: Every 1% rise in minimum wages cuts 52,300 jobs and pares economic growth by 0.33%.

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