On Australia's minimum wage policy

does not have a $20/hr. minimum wage (source: http://www.wageindicator.org/main/salary/minimum-wage/australia). What Australia does have is a 16.87AUD/hour minimum which translates (at the current exchange rate) into 14.84USD/hour (AUD and USD are acronyms respectively for “Australian Dollar” and “US Dollar”). Furthermore, there are all sorts of caveats that apply; for example, there’s a schedule of minimum wages (expressed as a percentage of the 16.87AUD/hour baseline) based upon the age of the worker:

<16 years: 36.8% AUD6.21 USD5.46
16 years: 47.3% AUD7.98 USD7.02
17 years: 57.8% AUD9.75 USD8.58
18 years: 68.3% AUD11.52 USD10.13
19 years: 82.5% AUD13.92 USD12.24
20 years: 97.7% AUD16.48 USD14.49
For more on the economics of the minimum wage, I recommend reading the attached article by David Neumark; Dr. Neumark is an economics professor and director of the Center for Economics and Public Policy at the University of California, Irvine. Who Really Gets the Minimum Wage, by David Neumark.pdf]]>

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