The weight of economic research shows that raising the minimum wage would reduce poverty and work in tandem with other poverty-reducing programs to promote income mobility from the bottom up.Large and sudden increases will very likely produce larger adverse effects than predicted in the study. In order to minimise the potential adverse impacts, the government must also clearly spell out measures to support businesses in the transition to higher wages, particularly the most vulnerable small- and medium-sized enterprises. The government must also address the important issue of displaced workers through giving them compensation and retraining them for re-assimilation into the labour market.