Today's Federal Government economic and fiscal update forecasts record low wages growth of 1.25% in 2020-21 due to the recession induced by the COVID-19 pandemic.
The major iron miner Fortescue Metals has called for the income tax exemption ceiling for employee share schemes to be lifted from $1000 to $5000, arguing the cap is too low to provide a "meaningful incentive".
Former ACTU secretary and ex-Federal Labor Minister Greg Combet has taken on a new role as an "expert advisor" on industrial relations in the Attorney-General's Department.
The ACTU has called on the Morrison Government to stop favouring Qantas and to swiftly commit to critical financial support to underpin the future of Virgin Australia, after administrator Deloitte confirmed Bain Capital as the successful bidder for the stricken airline.
ACTU secretary Sally McManus will tonight use a "robo-call" to about 500,000 lower and middle-income households to explain the union movement's aims heading into the first of the Morrison Government's IR change discussions tomorrow.
Prime Minister Scott Morrison says that employers will need extra flexibility from the IR system for the economy to recover from the coronavirus pandemic.
ACTU secretary Sally McManus has warned against an excessive concentration of taxpayer support on blue-collar jobs in response to what is primarily a "pink recession" caused by the coronavirus pandemic.
Court finding on notice period change shredded; Call to halt wage theft law until working party concludes; Industry super paper concedes employees might bear costs of super rises; and $15K for academic in "labyrinthine" case.
The Morrison Government is set to withdraw a regulation that cut the minimum notice period that employers have to give employees of proposed changes to enterprise agreements from seven days to one day.
Federal Treasury has told the FWC's minimum wage panel to be cautious in accepting predictions of a "very strong snapback" in the unemployment rate, as the economy re-opens after the coronavirus pandemic.
