Browsing: Wage movements




Qantas cabin crew trumpet new deal as TWU sounds sour note

The FAAA says it is delighted with a new deal endorsed by more than 90% of voting Qantas international flight attendants, but the TWU has slammed it for perpetuating a two-tiered system that pays some cabin crew less than half the money for performing the same work.


Treasurer unpersuaded RBA's call for wage push a "good thing"

Treasurer Scott Morrison has declined to support Reserve Bank Governor Philip Lowe's call for workers to push for wage rises, arguing that improved company profits are a surer way to put more money in more pockets.


RBA ponders reasons for "surprisingly low" wage growth

The RBA has conceded its forecasts for wage growth have been "consistently too strong" for at least the past five years, but says there is limited evidence that the low rises are due to workers’ declining bargaining power.


Reserve Bank sees "larger" wage rises ahead in expanding economy

RBA Governor Philip Lowe today used a House committee public hearing to restate his view that Australia's recent record of negligable wage growth may be nearing an end, suggesting that an improving local outlook amid a rebounding global economy would see increased pressure on employers to share the proceeds.


New low for private sector pay growth

Private sector rates of pay excluding bonuses grew by a new record low of 1.8% in trend terms last year, according to ABS data released today.


Inquiry implores Cash to "heal the wounds of division" in APS

A Senate inquiry has urged Public Service Minister Michaelia Cash to intervene in the federal public sector bargaining dispute and soften the "intransigent" Coalition's "brutally hard-line" bargaining policy by relaxing the 2% wages cap and removing the prohibition on backpay, but Government senators have flatly rejected the recommendations.



FWC weighs up the merits of "soft" and "hard" minimum pay targets

An FWC panel has asked whether medium term minimum wage "guidance targets" could provide the predictability of firmer targets but has acknowledged that unions might be concerned the latter will "bump up" against the legislation.


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