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The chair of the ACTU's price gouging inquiry, former ACCC chair Alan Fels, has told a public hearing this is a "missing piece" in Australia's inflation story and there is a lot of resistance to the message that it is being driven by "prices themselves", while the Australia Institute says corporate profits must fall.
The ACTU has ramped up the prosecution of its case that profits rather than wages are fuelling inflation, securing former ACCC chair Alan Fels to conduct a public inquiry into "price gouging" and unfair pricing practices.
After years of battles with the organisations regulator over inaccurate membership records, the AWU has increased its supporter base by 1.5% in the latest reporting period, while the warring CFMMEU has shed 9,000 or 6% of its members in the last two reporting years.
In what might present another opportunity for the Albanese Government to deliver on its promise to rebalance the FWC, the Productivity Commission says it should empower the tribunal to conciliate and arbitrate gig workers' termination and payment disputes.
The Productivity Commission says a review of the Albanese Government's new multi-employer bargaining measures should consider amending the Competition and Consumer Act so the ACCC can play a role.
The Productivity Commission has today recommended the Albanese Government strip back the modern awards objective to seven points and establish an independent dispute resolution mechanism within the FWC for platform workers.
The Albanese Government is not attracted to "scorched earth" IR policies to address Australia's productivity challenges, Treasurer Jim Chalmers said today, ahead of tomorrow's tabling of the final report of the Productivity Commission's productivity inquiry.
An Albanese Government senator has described Amazon's reliance on labour hire workers and independent contractors as the "wild west," and challenged the company's aspiration to be the "best employer on the planet", in a hearing this week.
The CFMMEU's construction and general division has blasted the AFP over an investigation that has dragged on since a raid on its Queensland offices in 2015, only to be dropped last month after the police admitted errors by digital forensics officers.
