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.
Pay rises in private sector agreements eased in the March quarter and plummeted from an unusual spike in the public sector, according to DEWR's latest data.
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.
Australia's labour productivity growth is close to the top of the league table for comparable advanced economies, trailing the leading US by a small margin over the past 15 years, according to a new FWC publication.
The FWC is seeking submissions on the latest phase of its research on gender-based occupational segregation, which has been released ahead of this year's annual wage review.
The Workplace Gender Equality Agency has revealed a NDIS health service, the Energizer battery giant and an investment and logistics company have the largest median total remuneration gender pay gaps, while construction topped the list on an industry basis, under new laws requiring the agency to annually report the performance of companies with 100-plus employees.
The ACTU says the FWC should conduct a "comprehensive assessment" of gender-based undervaluation of work, rather than seek to finalise the issue in this year's minimum wage review.
Awards do not adequately cover visual artists and the "preferable solution" is for the FWC to create a new award, the ACTU says in its submission to the modern awards review, while also recommending the Government extend the Closing Loopholes Bill's "employee-like" definition to non-digital platform workers.
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.
