Retail in Asia

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Australia: Retailers urge wage rise delay

Australia’s major retailers have called for wage rises for low-paid workers to be limited to AUD10 (USD9.1) a week, with the increase to be delayed by three months because of "considerable costs" associated with the government’s planned increase in the minimum wage.

Rejecting the union movement’s bid for an AUD27-a-week (USD24.6) increase in the minimum wage from July 2009, the Australian National Retailers Association said the delayed payment of a smaller rise was justified, given the challenging outlook for the retail sector.

(Source: The Australian)