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Banks giving priority to JobKeeper bridging finance: Canberra

The four big banks are establishing hotlines for employers seeking bridging finance to make JobKeeper payments to employees and some 456,000 workers have applied for early access to super, according to the Morrison Government, which today expressed hopes of maintaining its "excellent working relationship" with the ACTU into the post-coronavirus economic recovery.




Bring ACTU in on reanimating economy: Porter

IR Minister Christian Porter has raised the prospect of direct talks with unions on how to boost employment and wages in the wake of the COVID-19 pandemic.



CFMMEU warns against rushed changes to deals

The CFMMEU has warned it will push back against construction employers seeking to make rapid changes to enterprise agreements which cut pay and conditions during the COVID-19 pandemic.



Personal payment orders for entry-breaching CFMMEU official

A CFMMEU official who had already clocked almost $40,000 in penalties for entry breaches has today landed a $10,000 personal payment order for entering a site to exercise an OHS right, just a month after surrendering his permit.


COVID-19 to drive wage growth below 2%: RBA

Reserve Bank Governor Philip Lowe said this afternoon that he expects annual wage growth to fall below 2% due to the response to the coronavirus pandemic.


Status quo for now at Virgin, says administrator

Virgin Australia will continue to operate with its 10,500 strong workforce kept in employment and accessing the Morrison government's JobKeeper wage subsidy, according to its administrator, Deloitte, while the Federal Government has appointed a former Macquarie Bank leader to liaise with the administrator.


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