Why your paycheck might shrink in 2025
Sharp fall in recruitment difficulties believed to be a key reason for moderation in wage growth.
Sharp fall in recruitment difficulties believed to be a key reason for moderation in wage growth.
Australia’s labor market is showing signs of stability, with wage growth moderating and productivity improving.
Xero’s latest Small Business Insights update reveals resilient Australian small businesses, with steady job growth and wages, despite slowing sales and rising cash flow pressures.
In recent years, reports of wage underpayment have significantly risen across Australian businesses, including small and medium sized enterprises.
A $130 billion wage subsidy scheme (JobKeeper) has been announced by federal government to support businesses during the COVID-19 pandemic. The plan to subside wages, known as the JobKeeper payment, is historic, with Treasurer Josh Frydenberg stating to Sky News this morning that Australia has “never seen income support like this.” Prime Minister Scott Morrison […]
A third round of stimulus is expected soon in the hopes of keeping the economy afloat during the COVID-19 pandemic, with more details on Morrison’s reference to “hibernation” for small business included. Recent updates from the COVID-19 pandemic from the weekend include the limitation of gatherings to just two persons, and the government’s announcement of further […]
As it is seen in mainstream discussions in recent years, wage theft is the practice of denying workers their rightful wages or benefits in contemporary workplaces. It is recognised in various forms, including failing to pay wages, overtime, “off-the-clock” works and refusing employees’ entitlements such as vacation times and sick leave. Since last year, prominent […]
The Fair Work Commission has decided on a three per cent increase in the national minimum wage from July 1. Australia’s lowest paid workers will get a smaller pay rise this year of three per cent, but the industrial umpire says it will help improve their living standards. The national minimum wage will rise by […]
An agreement between Airtasker and Unions NSW aims to improve conditions for workers who use the online job-posting platform, according to reports. In addition to updating its price guide to reflect award wages or higher, Airtasker will introduce a personal injury policy as well as a dispute resolution process to be overseen by the industrial umpire, Fair […]
The Fair Work Commission recently ruled that Sunday and public holiday penalty rates will be reduced for full-time and part-time workers in the hospitality, retail, pharmacy and fast-food industries. The Fair Work Commission heard evidence from 143 lay and expert witnesses during a prolonged period of deliberation. In addition 5,900 submissions were received from State […]