By Mary Mrad For Daily Mail Australia
Published: 03:13 GMT, 14 March 2019 | Updated: 03:35 GMT, 14 March 2019
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Australia's minimum wage will be the highest in the world if Labor wins the next election and implements a new 'living wage'.
Opposition leader Bill Shorten has supported a proposal made by the Australian Council of Trade Unions (ACTU) to increase the wage minimum by $43 a week.
The ACTU wants a 6 per cent increase to $762.20 a week up from $719.20 this year, to be increased to $852 a week within the next two years.
That would be equal to 60 per cent of the median full time wage.
Australia - currently ranked third behind Luxembourg and the Netherlands - would then have the highest minimum wage among OECD countries.
The ACTU wants wages to increase to $852 a week within the next two years, which would make Australia's minimum wage the highest in the world
OECD statistics reveal the Australian minimum wage is
