The Financial Review reckons workers have had it too good for *checks watch* too long

It’s time for Australia’s lowest-paid workers to suffer real wage cuts, according to the business community and its cheerleader, the Australian Financial Review.

Major employer group the Australian Chamber of Commerce and Industry’s Andrew McKellar says the Fair Work Commission should not give minimum wage workers any higher an increase than 2% in this year’s annual award wage decision, and certainly not the federal government’s preferred increase to match inflation — because low-paid workers had been “overcompensated” over the past two years (yes, a premier business lobby group says our lowest paid workers are “overcompensated”).

Based on the Reserve Bank’s latest inflation forecasts, McKellar’s demand would subject our lowest paid to a 1.1%