Ahead of the May 3 poll, Prime Minister Anthony Albanese is supporting a real pay increase in this year's minimum wage case, going further than his 2022 election call for the FWC to ensure workers' pay not "go backwards".
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Growth in private sector rates of pay is continuing to ease, falling from 3.6% a year in trend terms to 3.3%, while public sector growth has also dropped, according to the ABS.
Union density has risen for the first time in 13 years and membership has increased by 160,000 in the past two years, while working from home appears to have stabilised at a bit more than a third of employees, new ABS data reveals.
Productivity in the private sector dropped sharply in the June quarter as hours worked and real labour costs increased, according to ABS national accounts data released today.
Productivity in the private sector has increased in the past three quarters on the back of a reduction in hours worked, while real labour costs have dropped for the past two quarters, according to ABS national accounts data released today.
Annual growth in private sector pay has gone backwards for the first time since the height of the pandemic, according to ABS data released today, but it continues to outpace inflation.
About 37% of workers are working regularly from home, down from 40% at the height of the coronavirus pandemic, but well above the pre-COVID-19 level of 32%, according to new ABS data.