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Fair Pay Commission

I was just wondering if anybody can explain to me why the fair pay commission hands down its increases to the minimum wage in July, when in my mind it would make more sense to make the announcement in late May or early June, with the change to take effect from July 1, so that businesses can budget for the increases?

Can anyone think of a reason for it, or is it stuff-up by the previous government who introduced the Fair Pay Commission a couple years ago?

Samuel