Real labour costs plummet as profits share soars; Police hit with $85K costs for "naïve" union prosecution; Slow wage growth "no puzzle" for employers: PC.
The Fair Work Commission has granted award-reliant workers a 3% increase, lifting the national minimum wage by $21.60 a week or 57 cents an hour in this year's annual wage review ruling.
The FWO has launched a test case against the operator of a pop-up toy store, seeking to reverse the onus of proof for underpayments and rely for the first time on serious contraventions provisions that potentially expose the company and its director to 10 times the ordinary maximum penalties.
A senior FWC member has told an IR conference that problems associated with a "radical disjunct" between the common law and award definitions of casuals will "snowball" if not resolved, while the cause of stunted wage growth in the face of strong labour market conditions lies beyond orthodox thinking.
The Australian government needs to shake up the regulatory framework governing workplaces and competition if the country is to reignite wage growth and capitalise on the opportunities presented by the digital economy, according to an OECD report.
Annual growth in private sector rates of pay excluding bonuses has hit a four-year high for the second successive quarter, rising 2.4% to March, according to ABS data released today.
The FWC should pay heed to headline inflation running at 1.3% when awarding this year's minimum wage increase, according to the Australian Chamber of Commerce and Industry.
A tribunal has ruled against UFU Victorian branch and national secretary Peter Marshall in a dispute over defined benefit superannuation that could have added about $1 million to his retirement benefits.
Labor has pledged to immediately increase the minimum wage for skilled overseas visa workers to $65,000 - a rise of almost 21% - if it wins the Federal election
