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.
The RBA has projected that the current pattern of "unusually" slow wage growth will likely continue until at least 2021, Governor Philip Lowe reminding a parliamentary committee that any pick-up was "both affordable and desirable".
The labour hire company that last year laid out $150,000 to settle an underpayments claim brought by five fruit pickers has settled another case on behalf of more than 20 workers with "acceptable monetary terms" and the right to return to work.
A landmark contempt finding and accompanying jail sentence hailed as proof of the FWO's commitment to justice has been overturned by a full Federal Court that found the ruling judge's "open" hostility to the underpaying employer compromised his ability to consider the evidence.
A worker's tardy pursuit of claimed underpayments under an old agreement has failed, the FWC agreeing with the employer that it lacked jurisdiction once a new deal was approved.
ACTU leader Sally McManus has written to Prime Minister Scott Morrison, asking him to implement a three-point plan that would lift aggregate annual wage growth from the current level of about 2.3% to about 3.5%.
Real labour costs plummet as profits share soars; Police hit with $85K costs for "naïve" union prosecution; Slow wage growth "no puzzle" for employers: PC.
The Fair Work Commission has granted award-reliant workers a 3% increase, lifting the national minimum wage by $21.60 a week or 57 cents an hour in this year's annual wage review ruling.
The FWO has launched a test case against the operator of a pop-up toy store, seeking to reverse the onus of proof for underpayments and rely for the first time on serious contraventions provisions that potentially expose the company and its director to 10 times the ordinary maximum penalties.
A senior FWC member has told an IR conference that problems associated with a "radical disjunct" between the common law and award definitions of casuals will "snowball" if not resolved, while the cause of stunted wage growth in the face of strong labour market conditions lies beyond orthodox thinking.
