So I was a little surprised when I found out today that minimum wage in Australia is $16.52 per hour(about $17 US dollars per hour). Sure the average home price is $300-$500k around the cities but after doing a little searching I did find a town called Gnowangerup which is about 60-70 miles from the coastal city of Albany, and they have homes there that have recently sold for under $50k. Given that Australia has only a 5% unemployment rate, I am really starting to rethink my stance on that the free market should be in charge of wages. I recently went online to see what the job market was like in western Australia and I happened to come across a simple forklift driver job that a company was looking for someone to work for 3 weeks at 6 days per week and 12 hours per day. The pay was $39 to $42 AUD per hour. (It didnt say anything about overtime, but I assume they probably get time & a half for OT) A normal work week in Australia is 38 hours instead of 40 too, but even without overtime, someone could pull in almost $10k for 3 weeks of driving a forklift. That was just one job I saw. Another one I saw was a night patrol job. Pay was $59k AUD. 7 weeks paid vacation(They give you just over $10,000 aud for that paid vacation) 10 days personal leave and up to 4 weeks of study leave and tuition reimbursement! So why does high minimum wages work in Australia? Because if it works there, why cant it work here?