Australian Restaurants Struggle

Australian Restaurants Struggle

Australian restaurant owners faced with a $25.94 ($19.12)-an-hour wage bill are saying it makes no financial sense to stay open. “The issue is coming to the fore in an economy experiencing its weakest run of growth since the 1991 recession and with unemployment matching an almost 13-year high. Yet two years after being elected on a pro-business agenda, Prime Minister Tony Abbott’s government is showing little appetite to overhaul the labor market after the last attempt to do so brought down his conservative predecessor, John Howard.”

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