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Showing 1 - 10 of 132 results for "Fair Work"

Inflation skyrockets in March, RBA hike almost certain

ELIZA BAVIN | WEDNESDAY, 29 APR 2026

... figures for April are released." Chesler said VanEck is also anticipating wages to start reacting to rising inflation. "Fair Work is expected to release its decision on the minimum wage increase, which flows through to about 50% of wage earners early ...

ASIC slams licensees' lax offshoring governance

KARREN VERGARA | FRIDAY, 10 OCT 2025

... an intermediary business, licensees remain responsible for complying with their obligations," ASIC said. Last year, Fair Work Australia ruled in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON | TUESDAY, 3 JUN 2025

... minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a before-tax wage of $948 per week, up about $32 ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON | TUESDAY, 25 MAR 2025

... down wages." The ban will apply to all workers who earn less than $175,000, the current high-income threshold under the Fair Work Act. It's estimated about three million workers are impacted by such clauses, including across industries like childcare ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA | WEDNESDAY, 12 FEB 2025

... workers access fundamental education and training about the use of this technology." One recommendation is to amend the Fair Work Act to ensure decision making using AI and ADM is covered under the law so that employers remain liable for these decisions. ...

Lack of action on menopause driving gender inequity

JAMIE WILLIAMSON | MONDAY, 18 NOV 2024

... National Employment Standards and modern awards, and to weigh introducing flexible working arrangements for women via the Fair Work Act. Of those surveyed by MetLife, just 20% believe their employer is supporting them; 59% said their employer should ...

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA | THURSDAY, 14 NOV 2024

Fair Work Australia's (FWA) recent ruling in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could serve as a warning for financial services firms who rely on offshoring, as the corporate regulator ...

Wages grow 3.5% for the year

ELIZA BAVIN | WEDNESDAY, 13 NOV 2024

... same period in 2023 (up 5.4%). "Wage rises for many jobs can be directly or indirectly linked to the outcomes of the Fair Work Commission Annual Wage Review decision," Marquardt said. "The latest decision of a 3.75% wage increase paid from 1 July 2024 ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON | FRIDAY, 11 OCT 2024

... EA, which includes several enhanced protections and improved entitlements. If the EA receives final approval from the Fair Work Commission, Insignia Financial will explore the viability of a four-day work week, including through a trial, during the course ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON | FRIDAY, 20 SEP 2024

... including Cbus, Future Group, and Aware Super. The committee has also recommended the government consider amending the Fair Work Act to provide access to flexible working arrangements for women when going through menopause. The government should also ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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