A labour hire company's successor agreement has again failed to win approval from the FWC, despite an undertaking aimed at addressing a finding that it told workers their rates of pay would rise when they would actually fall.
The "exceptional circumstances" created by COVID-19 warrant delaying the operative date of any minimum wage increase by a fortnight to July 15, according to the Ai Group, while the Victorian Government is calling for a rise of at least 3%.
Growth in private sector rates of pay excluding bonuses remained stagnant at the end of last year, but continued to outpace inflation, according to ABS data released today.
Bargained wage rises in the private sector dropped to 2.7% a year in the September quarter, according to newly-released Attorney-General's Department data that also shows some large retail employers are starting to tie increases to the FWC's annual review.
Workers' wages will continue to grow at about 2.2%, similar to the current WPI, partly because the forthcoming 0.5 percentage point rise in compulsory super payments will be mostly funded by forgone pay rises, according to the RBA.
Growth in private sector rates of pay excluding bonuses is increasing at 2.3% a year, unchanged from the annual rise recorded in the previous two quarters, according to ABS data released today.
Labor has pledged to immediately increase the minimum wage for skilled overseas visa workers to $65,000 - a rise of almost 21% - if it wins the Federal election
A university's decision to slash casual tutors' rates for online student support almost four years into an agreement has been endorsed by the FWC, despite the member observing that the deal's definition of tutorial harked back to his long-gone days at law school.
Growth in private sector rates of pay excluding bonuses has edged up to 2.3% a year, the fastest annual rise in four years, according to ABS data released today.
