Executive Summary

The paper provides an overview of economic theory on labour supply and discusses factors that can affect the labour supply decision including financial and non-financial benefits or disincentives, individual or household characteristics and labour demand. This review found relatively few research papers on the labour supply responses to increases in minimum and otherwise low wages...

This paper seeks to increase the understanding of the impact of award wage increases on small businesses in Australia by providing an analysis of the characteristics and performance of small award-reliant businesses and their employees. Results derived from firm level data showed that small award-reliant only businesses were less likely to experience increased productivity, profitability...