What implications do minimum wages have on the events industry?

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•Below are listed the minimum hourly wages in the US and Australia at press.
• USA: $7.25 (USD)
•Australia: $19.84 (AUD)
1. What implications do minimum wages have on the events industry?
2. Check the current exchange rates and calculate which of the country listed in the question has the more favorable rate for employment if you were choosing the location for a new event

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