Workers' wages will continue to grow at about 2.2%, similar to the current WPI, partly because the forthcoming 0.5 percentage point rise in compulsory super payments will be mostly funded by forgone pay rises, according to the RBA.
The lobby group representing for-profit superannuation funds and fund managers is pushing the Morrison Government to extend the scope of its choice-of-fund legislation to existing or expired workplace agreements.
Employers are urging the Morrison Government to let greenfields and non-greenfields deals span the full life of major projects, without requiring them to reflect prevailing industry conditions, while legal experts say project owners and developers should be able to make them.
Fining host employers for hiring workers from unregistered operators is among a list of "guiding principles" IR Minister Christian Porter has put before state and territory counterparts as part of a proposed single national labour hire regulatory scheme to be overseen by the Fair Work Ombudsman.
IR Minister Christian Porter has signalled that the Coalition will launch another attempt to pass its Ensuring Integrity Bill before the end of the year after yesterday's stunning defeat in the Senate.