A jobs guarantee and universal basic income are among the policies government must embrace if Australia is to avoid a technology-led march towards inferior low-paying jobs, a leading academic has told a Senate inquiry into the future of work.
An unheralded aspect of technology's "nefarious" role in monitoring workers is its dampening effect on wage growth, according to a submission to the Senate's inquiry into the Future of Work and Workers.
Leading online jobs marketplace SEEK has told a Senate inquiry into the future of work that Australians face a "significant shock" as technological forces continue to drive wages down, while the Productivity Commission has warned that digital disruption might ultimately require the introduction of a universal basic income.
The "near disappearance" of industrial action over recent decades is strongly correlated with the "deceleration" of wages growth, according to the new analysis released by the Centre for Future Work just days after the FWC halted the planned Sydney train strike.
Labor's audacious bid to restore penalty rates in the retail and hospitality sectors by piggy-backing one of the Federal Government's own IR bills fell at the first hurdle today, when rebel Nationals MP George Christensen indicated he could not support legislation that failed to protect businesses from back-pay claims.