Growth in rates of pay excluding bonuses are now firmly below 2% for the first time since the ABS began compiling the Wage Price Index nearly 20 years ago.
In its annual review of the IR landscape, a major employment law firm concedes that while the Turnbull Government's workplace reform agenda may not be fully enacted in this parliamentary term, plans to crack down on worker exploitation have a good prospect of success.
A leading economist has warned Australia is in a "self-fulfilling cycle" of low productivity and wages growth after today's CPI figures showed year-on-year inflation almost flatlining at just 1%.
ASX 200 organisations are "pro-active" in addressing gender-based pay inequity and more likely than smaller companies to address gender pay gaps but they still have a higher pay differential and a fewer women in leadership roles, according to a new WGEA report.
The Productivity Commission has canvassed the "radical" option of providing a "universal basic income" to redistribute wealth as a response to digital disruption of the economy.
Victoria should establish portable long-service schemes for the community sector, contract cleaners and the security industry, a state parliamentary inquiry has recommended.
Productivity, hours worked and real unit labour costs increased markedly in the year to March, while the wages share of the economy increased to a 12-year high, according to ABS national accounts data released today.
Left-wing think tank the Australia Institute has launched a new centre that will research and publish on the workplace and labour markets, overseen by an economist who has advised Canada’s auto union for the past two decades.
An FWO inquiry into housekeeping services reveals that exploitation of vulnerable, overseas workers is rife within the industry, as one of Australia's largest hotel and resort operators agrees to enter into enforceable undertakings with the watchdog in a bid to avoid proceedings over an independent contracting model it established that robbed workers of their correct wages and conditions.
Annual growth in rates of pay excluding bonuses in the private sector has dropped to a new record low of just 1.9% in trend terms, according to the ABS.
