Blackout alert amid energy crisis, Minimum wage decision to be made today | 9 News Australia

9 News Australia published this video item, entitled “Blackout alert amid energy crisis, Minimum wage decision to be made today | 9 News Australia” – below is their description.

Five states are on high alert with fears of blackouts growing amid an energy crisis on Australia’s east coast that is leaving New South Wales and Queensland reliant on emergency electricity generation. In other news, the Fair Work Commission is set to hand down its verdict today on whether or not the minimum wage will increase as workers continue to struggle by rising inflation.

9 News Australia YouTube Channel

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About This Source - 9 News Australia

9 News Australia has delivered breaking news, features and exclusive news from around Australia and the world into homes since 1956. In December 2013, Nine Entertainment listed on the ASX, trading as ASX: NEC.

In November 2020, Nine Entertainment relocated from Willoughby where it had been based for 64 years to North Sydney.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Minimum wage

Minimum wage is the concept, in some jurisdictions enshrined in law, that employees should earn a minimum amount per hour worked.

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In This Story: New South Wales

New South Wales is a southeastern Australian state, distinguished by its coastal cities and national parks. Sydney, its capital, is home to iconic structures such as the Sydney Opera House and Harbour Bridge.

Population: 7.544 million (Sept 2014)

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In This Story: Queensland

Queensland (QLD) is an Australian state covering the continent’s northeast, with a coastline stretching nearly 7,000km. Its offshore Great Barrier Reef, the world’s largest coral reef system, hosts thousands of marine species. The city of Cairns is a gateway to the reef and tropical Daintree Rainforest. The capital, Brisbane, is flanked by the surfing beaches of the Gold and Sunshine Coasts.

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