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Showing 1 - 10 of 72 results for "Fair Work Commission"

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... being like 65% of the workforce. So, about 35% is on individual agreements, which is why the decisions by the Fair Work Commission are so important in terms of the signalling impact they have on the rest of the market," she said. Despite the record high ...

Former advisers costs CBA $1.2bn in remediation

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... jobs, and force staff to work in the office for half the time. The union recently lodged a dispute at the Fair Work Commission challenging the bank's direction. FSU national secretary Julia Angrisano said: "CBA's record profit demonstrates that staff ...

CBA staff head to Fair Work over WFH policy

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
The Finance Sector Union will front the Fair Work Commission on behalf of Commonwealth Bank staff, fighting the banking giant's mandate that staff be in the office 50% of the time. At the end of May, CBA told staff that they would be required to work ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
The Fair Work Commission lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... following an extended period of aggressive policy tightening by the RBA, he commented. That said, the upcoming Fair Work Commission decision on the national minimum wage will be critical for the outlook for wages growth along with inflation and the monetary ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... eligible child from eight to 14. Aged care workers: The government will make good on a recommendation from the Fair Work Commission to increase award wages of over 250,000 workers in the aged care sector by 15%. Defence personnel: The government is set ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
The decision by Treasury to appoint former Fair Work Commission president Iain Ross and former AustralianSuper chair Elana Rubin as part-time members of the RBA board has sparked debate. Following the release of the review of the Reserve Bank of Australia ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... would reduce the burden on the age pension," ISA said. The federal government has alluded to extending the Fair Work Commission powers to establish a minimum set of employment standards for many gig workers, including payment of super. ISA said it supports ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... outlook, this reinforces the need for a sustainable wage increase for the 2.66 million award employees under the Fair Work Commission's annual wage review," he said. Looking toward the rest of 2023, Lowe commented: "In assessing when and how much further ...

Could a four-day workweek save the day?

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
... a four-day work week at full pay. The committee, chaired by Greens senator Barbara Peacock, proposed the Fair Work Commission should review the operation of the current 38-hour work week. University of Queensland professor John Quiggin says that the ...
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