The RBA is warning that wage growth won't be "materially higher" for at least three years, while Centre for Future Work analysis suggests that the proposed Omnibus Bill provision permitting approval of BOOT-failing agreements will further hamper any recovery in pay rises.
Large numbers of retail employees covered by agreements approved in the second half of last year face wage freezes if employers succeed in their campaign for a coronavirus-driven pause in minimum pay rises such as that adopted during the GFC, new Attorney-General's Department data on bargained wage rises reveals.
Rebel union to line up against Minister, employers over award changes; ROC's Enright gets right of reply to Labor Senator; Award changes to support vehicle sector "in crisis"; Simplifying awards "code" for making profits, says academic; and Who's dipping into super?
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.
The "largely invisible" non-union agreements stream that has been a distinguishing feature of Australia's IR system for more than 25 years has been all but ignored in public and academic debates over the past decade, according to leading researchers.