In a shift in emphasis after calling for limits on pay rises to avoid a wage-price spiral, RBA Governor Philip Lowe today called for businesses to avoid using skyrocketing inflation "as cover" for increasing their profit margins.
The Albanese Government's multi-employer bargaining regime will focus on low-paid workers and will not permit sector-wide or industry-wide strikes, according to documents tabled in the Senate.
The FSU says members at the NAB are preparing to take industrial action if the bank does not improve on its response to claims that include "industry-leading salary increases", increased branch staffing ratios and the abolition of "excessive" working hours.
The CFMMEU's Mining & Energy division has today lodged a new application to break away from the rest of the union, relying partly on the construction and maritime divisions' record of workplace law breaches.
Key independent Senator David Pocock wants to ensure the FWC and Fair Work Ombudsman get extra resources to discharge the "additional responsibilities" he believes they will inherit upon the anticipated abolition of the ABCC.
The risk of Australia experiencing a wage-price spiral is "quite low" thanks in part to the diminished "pricing power" of workers and the central bank's focus on inflation targets, a new RBA report asserts.
MEAA members have accepted a new enterprise agreement covering journalists at Nine's publishing operations, which delivers pay rises of 7.5% over two years and ends unpaid internships as part of a broader push to improve newsroom diversity.
The lawyer behind a Papua New Guinea workers' class action that accepted $6.4 million to settle claims they were shortchanged after being promised lucrative mining jobs in Australia says his firm is now finalising seasonal workers' claims against labour hire companies.
Teleworking, retraining and enhanced collective bargaining could lift pay growth that has been constrained by Australia's relatively "monopsonistic" labour market that gives a few dominant employers the upper hand in wage-setting, according to the OECD.
