The FWC has agreed to terminate a transnational CSL subsidiary's agreement, clearing the way for it to move senior employees onto a "global remuneration model", after accepting that it "meaningfully" consulted its workforce about the implications.
Major aviation services provider dnata has struck an in-principle agreement for a new enterprise agreement, averting protected action planned for Monday.
The FWC has promised today to provide "real-time" data on bargained pay rises, with plans to issue fortnightly reports on wage movements in enterprise agreement approval applications, with the first "proposed report" showing a 3.2% average annualised rise in the first two weeks of July, well ahead of the last official departmental number for the March quarter of 2.7%.
Westpac is holding out a $1000 incentive to encourage employees to vote up its proposed agreement that promises a 4% rise in January for employees earning less than $95,000, when inflation is forecast to reach almost 8%, but the FSU says it should be increasing its base pay offer as the union pursues a 6% boost.
The nexus between low unemployment and rising wages is broken, with the "hydraulic pressure" of a tight labour market undermined by systemic "leaks" and "loopholes", according to workplace relations minister Tony Burke.
Qantas has secured new deals with freight pilots and unlicenced aircraft engineers but the threat of turmoil looms, with licensed engineers voting to stop work, ground crew considering it and the FAAA claiming domestic fight attendants are facing ultimatums.
A multinational company's lament about competing against "market disrupters" who treat workers as independent contractors has failed to distract the FWC from finding its proposed agreement failed the BOOT.
The Albanese Government has told the FWC it backs a minimum pay rise for the 365,000 aged care workers because their work value "is significantly higher than modern awards currently reflect" and "gender-based assumptions" have undervalued their labour.
Treasurer Jim Chalmers says that inflation is likely to peak at 7.75% in the December quarter then decline over the next two years, while real wage rises will return next financial year, but the ACTU says the forecast only "deepens" the pay crisis, with the resumption of growth in mid-2024 meaning workers will have suffered four years of going backwards.
The Queensland Government appears to be continuing the rollout of its revised public sector wages policy, reaching an in-principle deal with the State's teachers that will deliver 11% in pay rises over three years, plus "cost of living top-up payments" of up to 3% a year.
