The RBA has today raised interest rates for the first time in more than a decade, due to a rapid increase in inflation and "evidence that wages growth is picking up".
The NTEU says its decision to boost university pay claims from 12% over three years to 15% reflects new realities of skyrocketing inflation and workloads that are going "through the roof" following mass job losses during the height of the pandemic.
The historic work-value case for aged care workers began today with signs the union claim for pay increases of 25% will be closely-scrutinised by employers, with more than 100 witnesses required for cross-examination.
NSW public school teachers will strike next Wednesday over "unmanageable" workloads and a "contemptuous" 2.04% salary cap proposed in the face of teacher shortages, with their union also warning that visits by State Government MPs will prompt walkouts.
The ACTU's first television advertisement of the election campaign seeks to sheet home the blame for wage stagnation to Prime Minister Scott Morrison's "inaction".
Australia's largest bus operator has been fined $181,000 after a judge considered an internal email to its chief executive warning of the "very real possibility of being accused of 'wage theft'" if it did not pay more than 750 drivers an overdue wage increase.
The Federal Court has set a seven-week trial to hear Adero Law's class actions against Coles and Woolworths in tandem with FWO underpayment claims against the retailers, while the law firm seeks about a third of a $2.2 million settlement with Drakes and Foodland.
The Australian Federal Police Association will use the national election campaign to push for its thousands of members to be exempted from the wages cap and efficiency dividend that applies across the APS.
Hospitality workers on at least 25% above-award annualised salaries will earn overtime for such work beyond 12 hours a week or penalty rates for working more than 18 penalty rate hours, but the FWC concedes the minimum is "nowhere near enough" to compensate many.
A FWC full bench has agreed to inspect nursing homes when it starts hearing an aged care work value case later this month, while Labor has backpedalled on a plan to require facilities to roster registered nurses on 24/7 by July next year.
