RBA Governor Philip Lowe, who earned the ire of unions and some in the Albanese Government with his repeated warnings about the risks of a wage-price spiral, is set to be replaced at the end of his term by his deputy, Michele Bullock, who will be the first woman to lead the central bank.
The SDA has hit a major hurdle in its efforts to expand upon an underpayments court victory, the FWC refusing to order Aldi to provide six years of rosters, pay records and timesheets for almost 13,000 employees the union claims might have been shortchanged for work performed outside their shifts.
New DEWR data shows that bargained private sector wages grew at 3.9% a year in the March quarter - the fastest rate of increase in more than a decade, but still a long way behind inflation.
The FWC has refused to suspend engineers' industrial action at a Virgin Australia subsidiary while their employer pursues an intractable bargaining declaration, in an early test of the new Secure Jobs provision.
The income and compensation caps for unfair dismissal claims are set to increase on Saturday, along with filing fees for a range of other applications.
In its first decision since pay secrecy penalties took effect this month, the FWC has rejected an employer's bid to redact a "commercially sensitive" list of clients included in a proposed agreement.
The agency that advises the Federal Government on the pricing of aged care says the FWC's historic work value case will result in average pay increases of 11.5% for nurses working in the sector.
In the first test of new supported bargaining laws, the FWC will hear in mid-August the landmark application to authorise multi-employer negotiations involving 65 employers and 12,000 workers in the early childhood education and care sector.
Visy workers in South Australia will receive a backdated 8.6% pay boost after the FWC found that their deal's annual rise clause applied the state's CPI figure rather than the lower national inflation rate.