Suppressed wage growth and rising inequality pose a threat to both Australia's economy and its political stability, according to former Labor treasurer Wayne Swan, who used a party-sponsored conference on the weekend to confirm that his personal economic settings had been "moved to the left" by the GFC.
RBA Governor Philip Lowe is maintaining his faith that the laws of supply and demand will eventually lead to higher wages, but has conceded that the low growth in pay is a global phenomenon that is troubling central banks and "no-one really knows how long it is going to last".
Uber says legal distinctions between employees and independent contractors are discouraging it from offering training and "other perks and benefits" to drivers, while emphasising the company's intent to work with policymakers to provide "new models of social protection".
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 Uber driver's failure to convince the FWC that he is an employee is unlikely to deter other challenges according to an academic, while the case raises questions as to whether traditional legal tests can be applied to the gig economy.
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.
Deliveroo Australia is "constrained" from offering improved benefits for riders because it wants to protect its model of engaging contractors rather than employees, says the food delivery business's national manager.
The FWC has confirmed the retention of existing Sunday penalty rates for restaurant workers, a full bench noting employers' inability to muster persuasive evidence to support claims cuts would boost jobs.