Wages growth anchored near all time lows despite booming jobs growth

Wages growth anchored near all time lows despite booming jobs growth

Posted May 13, 2018 10:04:35 Photo: Wage growth is likely to remain anchored near historic lows well into next year. (ABC News: Giulio Saggin) Related Story: Wages edge up 0.6pc over the quarter, but growth remains near historic lows Related Story: Employment market showing signs of softness with 4,900 new …

Small business company tax cuts lifted employment but not wages

Small business company tax cuts lifted employment but not wages

Updated May 03, 2018 00:22:22 The first data analysis of what small businesses did with their tax cut has revealed half of it was pocketed by the businesses, a quarter invested, a fifth created more jobs and almost none went to wage increases. Small businesses (less than $2 million turnover) …

Boosting compulsory super to 12% could hurt wages, report warns | Australia news

Increasing the superannuation guarantee to 12% will reduce workers’ wages and could actually hurt the retirement incomes of low-paid workers, the Grattan Institute has warned. The finance and services minister, Kelly O’Dwyer, gave a strong indication in early April that the Coalition would keep the guarantee frozen at 9.5% in …

Pauline Hanson says Government’s company tax cuts wouldn’t deliver higher wages

Pauline Hanson says Government’s company tax cuts wouldn’t deliver higher wages

Updated April 24, 2018 09:24:30 One Nation leader Pauline Hanson has conceded she does not think giving Australian companies a tax cut will result in workers getting a highly sought-after wage increase. Key points: Senator Hanson concedes the bill her party has given conditional support to will not see higher …

Fact check: Would companies that paid no tax in 2015-16 be unable to benefit from a tax cut so as to invest more and help lift wages? – Fact Check

Fact check: Would companies that paid no tax in 2015-16 be unable to benefit from a tax cut so as to invest more and help lift wages? – Fact Check

Posted April 23, 2018 05:53:24 Photo: Labor senator Murray Watt says that five companies who signed a letter in support of the Government’s enterprise tax plan and did not pay tax in 2015-16 would not be in a position to boost wages should the corporate tax cuts pass the Senate. …

Chinese Liberal Party donor Sally Zou pursued in Federal Court for alleged $1m in unpaid wages

Chinese Liberal Party donor Sally Zou pursued in Federal Court for alleged $1m in unpaid wages

Updated April 21, 2018 00:22:53 Video: Sally Zou is a Chinese mining magnate and major donor to the Liberal Party. (ABC News) The enigmatic Chinese businesswoman behind the creation of the Julie Bishop Glorious Foundation denies she ever employed the man taking her to court over more than $1 million …

Australia’s record low wages growth may be over, Reserve Bank boss says | Business

Australia’s painful run of record low wages growth may have finally troughed, according to the Reserve Bank governor, who says wages are expected to grow more quickly from this point. If so, it will be a welcome relief for households across the country, where staggeringly low wage increases of 2% …

Unemployment is refusing to budge in the face of booming jobs growth, keeping wages down

Unemployment is refusing to budge in the face of booming jobs growth, keeping wages down

Updated March 19, 2018 18:31:51 Photo: New jobs may be booming, but a combination of unemployment and underemployment treading the same path is keeping wages growth low. (ABC News: Michael Barnett) The jobs market continues to be one of the more perplexing points of contention in the Australian economy. This …

Matt Lodge’s NRL wages should be docked to compensate victims, Laurie Daley says

Matt Lodge’s NRL wages should be docked to compensate victims, Laurie Daley says

Updated March 07, 2018 09:48:32 Photo: Matthew Lodge previously played for Wests Tigers. (AAP: Dan Himbrechts) Former NSW Origin coach Laurie Daley says Matt Lodge’s pay should be docked to help pay his victims’ compensation. Daley said there is no doubt the Brisbane player, who makes his NRL return on …

Childcare workers demand Government intervenes to improve wages

Childcare workers demand Government intervenes to improve wages

Posted March 25, 2018 06:00:57 Photo: Rebecca MacDonald says childcare workers’ pay doesn’t recognise the work they do. (ABC News: Norman Hermant) Related Story: ‘No common sense at all’: Anger over excess of childcare centres Despite having a full-time job, childcare worker Rebecca MacDonald is rarely left with money at …