Banks raise rates; minimum wage debate | Is the resume dead?

The big four banks have today lifted standard variable rates following the RBA's official rate rise earlier this month; the Australian Industry Group has called the ACTU's claim of a six per cent rise to the minimum wage 'ludicrious'; a new survey by Michael Page shows AI use in resumes and the hiring process is quickly rising but raises some concers. SBS News is Australia's trusted news source for the latest news from Australia and across the world. Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au Follow SBS News on X: https://www.twitter.com/SBSNews Follow SBS News on Facebook: https://www.facebook.com/sbsnews Apple News: https://trib.al/MTx0gUe For the latest news, visit www.sbs.com.au/news Network Terms & Conditions: https://sbs.com.au/terms Privacy Policy: https://sbs.com.au/privacy Feedback or complaints: https://sbs.com.au/complaints