Historical past of Minimal Wage Legislation The primary type of minimum wage regulation was launched in 1896, however as a substitute of requiring employers to pay a minimum of a guaranteed minimal wage quantity, the legislation in its infancy only set up arbitration boards to prevent labor strikes. Australia, New Zealand, the United Kingdom and the colony of Victoria, Austria have been the primary to ascertain legal guidelines creating arbitration boards of this nature. The first of those legal guidelines were created in New Zealand in 1896 under the Industrial Conciliation and Arbitration Act. 1899 is when Victoria, Austria got here on board with arbitration counsels. In 1907, Australia set a “residing wage” for a family of four.
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