An FWC panel has asked whether medium term minimum wage "guidance targets" could provide the predictability of firmer targets but has acknowledged that unions might be concerned the latter will "bump up" against the legislation.
Over the next 15 years the nation should abolish the FWC and modern awards, set the minimum wage "as low as is politically feasible" and let the welfare system top up earnings, according to a new paper from an influential free market think tank.
The union that represents cleaners, disability care workers and security guards is asking the FWC to "convene a special process" in the second half of the year to determine whether it can set a "medium-term target" for the minimum wage, to arrest what it says is a long-term downward trajectory.
Federal Labor in opposition made its first-ever submission to a national wage case because of the critical role of the minimum wage in driving consumption and ensuring the dignity of ordinary workers, the party’s leader, Bill Shorten, told the ACTU’s Congress today.
The Abbott Government has urged the Fair Work Commission to take a "cautious approach" in this year's minimum wage review due to below-trend GDP growth and a slower than expected recovery in non-mining sectors, while the ACTU says the small business measures in the Budget "dramatically improve the affordability" of pay rises in the award-reliant sector.
The former Labor Government's changes to the modern award objective have made it impossible for 24/7 industries such as hospitality to successfully prosecute cases to abolish penalty rates and should be scrapped, according to the peak body for restaurant employers.