The chief executive of the $84 billion AustralianSuper fund has urged unions to ensure that they make industry super funds the default option in enterprise agreements.
Forty years from now, Australia's ageing population will have reduced the country's total workforce participation rate to 62%, income growth will have slowed, and the average annual wage will be $117,300, according to the Treasury's latest long-term forecast, released today.
A Federal Court full bench has today ruled that the Fair Work Commission was entitled to approve enterprise agreements covering three private hospitals, even though their agent made and signed them without "actual" authority.
With legal avenues exhausted in their battles with the NSW government over public sector wages, superannuation and redundancy, unions have today lodged a complaint with the ILO and requested a formal investigation into the state's bargaining laws.
A five-member bench of the Federal Court has ruled that a company was entitled to summarily dismiss an executive employee for serious misconduct that destroyed the relationship of trust between them, even though it had moved earlier to terminate his employment on six months' notice.
The CFMEU has lauded thousands of construction workers who today defied warnings they could face hefty individual fines and attended national union rallies protesting against the Abbott Government's IR and other policies, while the ACTU has revealed more details about its marginal seats campaign.
In his second major backdown on Australian Defence Force personnel pay and conditions, Prime Minister Tony Abbott has bumped up from 1.5% to an above-inflation 2% the annual wage increases payable under their three-year agreement.
A group of leading IR academics has made a preemptive strike against any attempt to use the Coalition's "freedoms" inquiry to diminish the immunity from common law liability conferred by the Fair Work Act's protected industrial action provisions.
A court has ordered former directors of related liquidated companies to compensate a construction worker for underpayments owing under a modern award and its state predecessor, finding that the Fair Work Act's remedy provisions extend beyond employers.
