Inflation ‘not going away’ any time soon: Paul Fletcher

Manager of Opposition Business Paul Fletcher says inflation is “not going away” any time soon. The Fair Work Commission has lifted the minimum wage by 3.75 per cent. Fair Work Commission President Adam Hatcher announced the decision on Monday morning. The change will be effective from July 1. “The fact is, we saw last week, inflation is not going away anytime soon,” Mr Fletcher told Sky News Australia. “Core inflation … sitting at 4.1 per cent – well above the target band of two to three.”