In the wake of the RBA governor's warning about the risks of a wage-price spiral, new A-G's department data shows that bargained pay rises are flatlining at 2.7% a year in the private sector, rising at little more than half the 5.1% rate of headline consumer price inflation.
Former ACTU secretary and RBA director Bill Kelty has thrown his weight behind appointing someone with a union background to the Reserve Bank board, saying in the wake of claims about its limited perspectives that the central bank has not understood how wages operate "for a long time".
The WGEA is urging employers to boost part-time workers' access to management roles and implement gender-neutral leave policies, as gender pay gap research shows women make up less than half of the full-time workforce and are out-earned by men at every age.
In what a lawyer believes will result in one of the biggest wage theft penalty orders to date, the Federal Court has found an employer significantly underpaid two cooks, made "cashback" demands to recoup payroll tax and visa costs and used threats to ensure compliance.
A new RBA report says that greater job mobility tends to be associated with higher individual and aggregate wages and makes it clear the "great resignation" is a distinctly American and British phenomenon.
The FWC full bench hearing the aged care work value case is seeking feedback on its provisional view that pay rates in awards covering the sector's workforce have not been properly fixed, calling also for submissions on background documents by July 22.
The FSU is seeking annual pay rises of 6% in bargaining at both Westpac and NAB, arguing the hefty increases are justified by the inflation spike and the major banks' continuing strong profits.
A 20% pay cut imposed on a general manager while his employer shut its doors due to COVID-19 restrictions breached his contract and did not qualify as a JobKeeper-enabling direction, WA's IRC has held.
NSW's Perrottet Government has raised its 2.5% wage ceiling to 3% next financial year and up to 3.5% in 2023-24, in the face of incomes falling behind consumer price inflation and unions taking industrial action seeking to scrap the cap.
