NSW owner-drivers and contractors have lauded the finalisation of new transport industry rates and conditions after the NSWIRC approved the updating and geographical expansion of 'contracts of carriage' that had not been reviewed in more than 30 years.
The RBA has conceded its forecasts for wage growth have been "consistently too strong" for at least the past five years, but says there is limited evidence that the low rises are due to workers’ declining bargaining power.
Supporting the ABCC, improving business productivity and attracting more women into the building industry are among the top priorities for new Master Builders Australia chief executive Denita Wawn, who will take over the top job from Wilhelm Harnisch later this month.
A new report reveals that while increasing the proportion of an organisation's female managers reduces the gender pay gap, it perversely blows out again when the majority of senior positions are held by women.
The Turnbull Government has introduced legislation to extend responsibility for deliberate and serious underpayments to franchisors and holding companies, in the wake of the problems exposed at 7-Eleven.
Employment Minister Michaelia Cash is trying to drum up public support from business and employer groups for the Fair Work Commission's landmark decision to cut Sunday penalty rates for some retail and hospitality workers.
Opposition Leader Bill Shorten has reiterated that Labor will reverse the FWC's "bad" decision to reduce weekend penalty rates if Labor takes power at the next federal election, while the ACTU's next secretary is calling for unions to join her in stopping the penalties changes "dead in their tracks".
The board of QBE Insurance Group has cut the remuneration of its chief executive, John Neal, by $550,000 because of his tardiness in disclosing that he was in a personal relationship with his personal assistant.
