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Fortescue, Atlassian push for share scheme changes

The major iron miner Fortescue Metals has called for the income tax exemption ceiling for employee share schemes to be lifted from $1000 to $5000, arguing the cap is too low to provide a "meaningful incentive".


BHP labour hire deals not genuinely agreed: FWC

BHP's attempt to win approval of two enterprise deals to entrench an in-house labour hire company that now employs more than 2000 workers across its mining operations has been dealt a major blow by an FWC full bench majority, which has ruled that its failure to properly explain pay arrangements meant the workforce did not genuinely agree.

No "presumption" penalty rate cut tied to minimum wage: Bench

The SDA has failed to head off a double whammy for retail workers whose Sunday penalty rates fall this week despite a delay to minimum wage increases, after an FWC full bench found there was no presumption they should be aligned.

Double whammy as penalties cut, minimum rise delayed

Some retail and pharmacy workers will be more than $4,000 worse off per year when the latest reduction in penalty rates takes effect today, according to new analysis by the Parliamentary Library.

Newsflash: Minimum wage decision tomorrow

The FWC will tomorrow bring down its much-anticipated decision in this year's minimum wage review, with employers calling for a pay freeze due to the pandemic's impact on business and unions arguing for a 4% rise to stimulate the economy.


Names on ballots didn't invalidate virus-driven vote: FWC

The FWC has let a construction company bin a 5% pay rise that came into effect in February plus next year's increase, despite CFMMEU evidence that some workers felt pressured to support the COVID-19 variation in a ballot that identified their vote.

Panel warned on strength of post-COVID-19 recovery

Federal Treasury has told the FWC's minimum wage panel to be cautious in accepting predictions of a "very strong snapback" in the unemployment rate, as the economy re-opens after the coronavirus pandemic.

Panel set to weigh bids to freeze or boost minimum

The FWC will today hold its final hearing in this year's minimum wage review, in which employers and unions are divided over whether the domestic economy has started to recover from the coronavirus pandemic shutdown.