The Toll Group and the TWU have reached an "in principle" agreement for the company's 10,000-strong workforce, delivering a potential pay increase of 15.25% over four years and a commitment to maintain employer super contributions at 3% above the statutory minimum.
Wage growth in private sector agreements lodged in the June quarter has dropped to 3.5% a year, well below the post-GFC average of about 3.9%, according to new data released by DEEWR today.
The NTEU is hailing an agreement with Swinburne University for new domestic violence protections that include options for employees to alter working arrangements and work locations, and hopes they will become a standard across the higher education industry.
The AMWU and the Victorian labour hire group have reached an in-principle agreement that will deliver several thousand workers a 9% pay rise over two years and introduce a casual conversion clause. Deals in Victorian manufacturing, meanwhile, are being settled for between 3.5% and 4% a year.
Almost 700 Reserve Bank employees have won annual average pay rises of 3.83% a year with the potential for more from a 2% annual bonus pool and a "career increment" pool that has been set at about 1% for the first year, under a new agreement with the FSU.
