RBA Governor Philip Lowe's jawboning on wages is yet to have an effect, with the ABS confirming today that growth in private sector rates of pay remains in the doldrums and is now in lockstep with cost of living increases.
The "near disappearance" of industrial action over recent decades is strongly correlated with the "deceleration" of wages growth, according to the new analysis released by the Centre for Future Work just days after the FWC halted the planned Sydney train strike.
Labor's audacious bid to restore penalty rates in the retail and hospitality sectors by piggy-backing one of the Federal Government's own IR bills fell at the first hurdle today, when rebel Nationals MP George Christensen indicated he could not support legislation that failed to protect businesses from back-pay claims.
The future of a joint union equal pay claim for childcare workers is hanging in the balance after an FWC full bench was yesterday left searching for "real world" scenarios establishing metalworkers as a suitable comparator.
In a reply submission ahead of an FWC full bench hearing in Sydney tomorrow, United Voice and the AEU have hit out at employers' objections to the use of a 2005 work value case to establish metalworkers as an appropriate comparator in their equal pay claim for early childhood workers.
The FWO has initiated its first contempt of court application against a Cairns businessman for allegedly breaching a freezing order by transferring $41,035 out of two company accounts to a family trust when still owing $85,000 to the Commonwealth and former employees.
Private sector rates of pay excluding bonuses are growing at 1.9% a year in trend terms, up from the recent historic low of 1.8%, according to the ABS.
ACTU leader Sally McManus is set to begin campaigning for major changes to minimum wage-setting, including tying it to a proportion of the median wage, along the lines of the UK's model.
A Federal Court class action against Chubb Insurance Australia Limited for alleged failing to pay minimum rates, overtime and penalties has been discontinued after the lawyers for the employees failed to secure litigation funding.
Coles and the SDA have agreed on a draft two-year deal that provides higher penalty rates, but has lower annual pay rises for workers who are already on elevated wage rates.
