On June 1st 2018 the Fair Work Commission increased the minimum wage by 3.5%.
Australia is facing new challenges and opportunities within the shifting patterns of international trade and the security of its commercial foothold and viability both locally and globally.
Over the past quarter there has been considerable comment on modest wages growth across Australia.
Has the community the right frame of reference when expressing views about the level of remuneration paid to employees retained by Commonwealth, State or Local Government organisations?
Year on year unemployment has declined from 5.9% to 5.4% with employment growth exceeding 380,000 over the last twelve months.
Submissions to the Senate Economics Legislation Committee Inquiry into the Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2017 closed on 1 November, with the Committee due to report on 24 November.
Considerable comment has been made in recent months regarding low wages growth in Australia and the comparative wage setting in many industry sectors and occupations compared to wages in other parts of the world.
Former Resources Minister and former Australian Council of Trade Unions President, Martin Ferguson, is pushing for a new round of Industrial Relations (IR) reform. The demand is for the right of workers to opt out of collective agreements and move to individual agreements. Further, the call is for restrictions on legal strikes, and a higher bar to prove unlawful employer actions.
The recent focus on politician entitlements again draws attention to the manner in which some members of parliament believe themselves to be a part of the “Principality of Us” rather than the “Principality of AUS”.
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