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213 articles are classified in All Articles > Pay and remuneration > Rates of pay


NSW Labor pledges to axe public sector pay cap

The NSW Opposition has promised today that if it takes power at the March election, it will scrap the decade-old public sector wages cap and replace it with a productivity-based bargaining system.

No sign of rise in bargained private sector pay rises: A-G's Dept

In the wake of the RBA governor's warning about the risks of a wage-price spiral, new A-G's department data shows that bargained pay rises are flatlining at 2.7% a year in the private sector, rising at little more than half the 5.1% rate of headline consumer price inflation.


Union banking on big rises at Westpac, NAB

The FSU is seeking annual pay rises of 6% in bargaining at both Westpac and NAB, arguing the hefty increases are justified by the inflation spike and the major banks' continuing strong profits.

NSW raises public sector salary cap

NSW's Perrottet Government has raised its 2.5% wage ceiling to 3% next financial year and up to 3.5% in 2023-24, in the face of incomes falling behind consumer price inflation and unions taking industrial action seeking to scrap the cap.

Friday deadline for Labor's minimum wage submission

The FWC's minimum wage panel has given Prime Minister Anthony Albanese until Friday to lodge a submission to this year's annual wage review, but has asked him to keep it to 10 pages.


Flatlining private sector pay growth dwarfed by inflation: ABS

Consumer prices are now rising at more than double the pace of private sector rates of pay excluding bonuses, which increased by 2.4% annually in the March quarter, unchanged from the December quarter, according to the ABS.

It's time for 4% wage target to remedy pay crisis: Paper

As wage stagnation and cost-of-living issues continue to feature in the federal election campaign, a new report shows Australia has experienced the greatest deceleration in real pay growth in the OECD since 2013, despite its relatively strong employment growth and low unemployment, suggesting that policy and institutional factors are the main culprit, rather than market forces.

NSW teachers defy umpire's order with anti-cap strike plan

NSW public school teachers will strike next Wednesday over "unmanageable" workloads and a "contemptuous" 2.04% salary cap proposed in the face of teacher shortages, with their union also warning that visits by State Government MPs will prompt walkouts.