Sydney. Australia's independent wage-setting body has announced that the minimum wage for about 2.8 million low-income workers in the country will be increased by 4.75 percent from July.Some economists have warned that this decision could create further pressure on inflation. According to the Fair Work Commission, the minimum weekly wage will reach 1,409.90 Australian dollars (approximately 719 US dollars) from July 1.This means the minimum hourly wage will be 26.44 Australian dollars. This increase is higher than last year's; in 2025, the minimum wage increased by 3.5 percent.However, trade unions had demanded an increase in wages between 5 percent and...