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.
Labour productivity grew at a higher average annual rate in the five years to 2015-16 than it did over the past 15 and 30 years, according to new Treasury analysis, but a leading labour market economist has criticised the "arbitrary and misleading" window chosen for the study.
RBA Governor Philip Lowe today used a House committee public hearing to restate his view that Australia's recent record of negligable wage growth may be nearing an end, suggesting that an improving local outlook amid a rebounding global economy would see increased pressure on employers to share the proceeds.
Responsibility for gender equity strategies should be partially devolved from centralised HR departments to line managers, and training to combat "unconscious bias" in selection processes should be mandated for supervisors and managers, according to a new report on barriers to women's career advancement in higher education.
In its annual review of the IR landscape, a major employment law firm concedes that while the Turnbull Government's workplace reform agenda may not be fully enacted in this parliamentary term, plans to crack down on worker exploitation have a good prospect of success.