Wages

  • Slow wages growth and decline in housing starts threaten economy: report

    First 5000     |      August 15, 2019

    Flatlining wages growth, decades of massive price increases and the looming largest decline in housing commencements set to come on in the next calendar year threatens to impact the economy without response says a new affordable housing report released today by PowerHousing Australia informed by CoreLogic. 

  • Employers could have jail time over underpayments

    First 5000     |      July 26, 2019

    Prime Minister Scott Morrison has put employers on notice that those who exploit workers may soon face criminal penalties.

  • Minimum wage to rise by 3%

    First 5000     |      May 30, 2019

    The Fair Work Commission has announced a 3.0% increase to minimum wages with the new national minimum wage to increase to $740.80 per week or $19.49 per hour from 1 July 2019.

  • Proposed wage increase could stifle business employment

    First 5000     |      March 27, 2019

    Labor’s proposal to move from a minimum wage to a living wage could negatively impact many businesses that are already operating on very low margins and put at risk their ability to employ or even survive, according to the Australian Small Business and Family Enterprise Ombudsman, Kate Carnell.

  • Finance sector union campaign to end gender pay gap

    First 5000     |      March 7, 2019

    The Finance Sector Union of Australia (FSU) has written to employers in the financial services industry calling upon them to remove pay confidentiality clauses in Enterprise Agreements as part of the union’s campaign to end the gender pay gap.

  • Nobody should work full-time and live in poverty: ACTU

    First 5000     |      March 6, 2019

    The peak body for working people, the ACTU has re-stated its call for a living wage in Australia.

  • National gender pay gap hits record low

    First 5000     |      February 28, 2019

    Australian Bureau of Statistics (ABS) figures released last week show that the national gender pay gap has again dropped, reaching its lowest point in over 20 years at 14.1%.

  • Australia needs a pay rise: Reserve Bank head

    ACTU     |      February 9, 2019

    Reserve Bank Governor Philip Lowe has identified low wage growth as a drag on the economy in a speech to the National Press Club, this week saying “people worry about their own future and that of their children” because of weak and even negative wage growth, combined with globalisation and technological change.

  • ABC admits to systemic wage theft

    First 5000     |      January 16, 2019

    The national broadcaster has admitted to underpaying 2500 casual workers in yet another demonstration of the devastating impact of the insecure work crisis on pay and conditions for Australian workers.

  • Long service leave changes make it fairer for employees

    First 5000     |      January 2, 2019

    The Victorian Government made significant changes to long service leave, making it fairer and more flexible for women, parents and carers, effective on 1 November 2018.

  • Wages stalled, all work less secure: ABS

    ACTU     |      November 29, 2018

    Median wage growth has been stalled at under 2 per cent over recent years according to ABS statistics released today.

  • Harvest Trail Inquiry recovers $1 million for workers

    First 5000     |      November 23, 2018

    A Fair Work Ombudsman Inquiry into workplaces along Australia’s Harvest Trail has found widespread non-compliance, with inspectors recovering more than $1 million in unpaid wages for over 2,500 workers.

  • Wages rise 0.6% in the September quarter 2018

    First 5000     |      November 15, 2018

    The seasonally adjusted Wage Price Index (WPI) rose 0.6 per cent in September quarter 2018 and 2.3 per cent through the year, according to figures released yesterday by the Australian Bureau of Statistics (ABS).

  • Payment times review will identify Australia’s worst payers

    Kate Carnell     |      November 14, 2018

    The Australian Small Business and Family Enterprise Ombudsman (ASBFEO), Kate Carnell has announced a review of payment times, to measure the effects of late or extended payment practices on the cash flow of small businesses and family enterprises in Australia.

  • CEO pay is more about white male entitlement than value for money

    Carl Rhodes     |      November 7, 2018

    The evidence suggests the impact of CEOs on company performance isn’t enough to justify their sky-high pay, which is really based more on a culture of power and privilege.

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