Real unit labour costs surged in the December quarter as the economic recovery gathered pace, while profit and wages shares retreated from the record levels recorded in the September quarter, according to ABS national accounts data released today.
FWC President Iain Ross has agreed to consider IR Minister Christian Porter's request that he insert loaded rates into awards for "distressed" industries and will convene initial conferences next week.
Labour costs have now dropped by more than 9% in the past year, while working hours have started to recover, according to ABS statistics released this morning that measure more than six months of the effects of the coronavirus pandemic.
A major union-commissioned study has found the NDIS workforce is "carrying the costs and risks" of disability service provision, performing high levels of unpaid work and unable to recoup significant out of pocket expenses
The FWC has rejected the ACTU's bid for a new entitlement for working parents and carers to work flexible hours, but has provisionally indicated it intends to publish a model award clause that will extend the right to request flexible work to casuals with six months service and require employers to provide more explanation for refusing requests.
Australian workers have gained a "hugely significant" two hours a week from automation of their jobs over the past 15 years and will experience a similar boost through to 2030, according to the Australian outpost of technology giant Google.
Nearly half of all household services jobs are now part-time, fueling a trend that has seen part-time work increase more than threefold over the past 50 years, according to the RBA's latest quarterly Monetary Policy Statement.