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Retailers tighten belts as higher wage costs start to bite

Sue Mitchell
Sue MitchellColumnist

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Shop employees are set to feel the fallout of new wage agreements, costing between $10 million and $200 million a year,  as retailers minimise their impact by tightening rosters, automation and simplifying processes.

Retailers such as Woolworths, Coles, Bunnings, Big W, Kmart, Super Retail Group and Noni B are facing materially higher wages bills after signing new enterprise agreements that restore weekend and evening penalty rates and casual loadings, which were traded away for higher base rates in the past.

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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com

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    Original URL: https://www.afr.com/companies/retail/retailers-tighten-belts-as-higher-wage-costs-start-to-bite-20190508-p51l76