This report delves into the contentious issue of the minimum wage in Australia, examining the perspectives of key stakeholders such as workers, employers, and expert panels. It analyzes the economic implications of minimum wage adjustments, including the impact on employment and the cost of living. The report explores the Triple Bottom Line (TBL) approach, emphasizing the importance of considering people, planet, and profit in wage decisions. It critiques the current minimum wage system and recommends alternative measures, such as tax alterations and subsidies, to improve workers' living standards. The analysis highlights the need for a well-designed minimum wage policy that supports holistic societal development and sustainability. The report references data from ACTU, Trading Economics, and the Fair Work Commission to support its arguments.