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Wage growth

This Month

ACTU secretary Sally McManus (front left) and president Michele O’Neil (right).

Unions jump on soft inflation to justify bigger minimum wage increase

The ACTU say its 4.5 per cent claim for 2.9 million workers won’t lift inflation and that the bigger threat for the Reserve Bank is small wage increases.

April

women.

‘Game-changing’ rulings grant big gender gap catch-up pay rises

Fair Work has handed down decisions to “free” minimum award rates of historic gender assumptions, raising funding questions for the government.

Australian Nursing and Midwifery Federation secretary Annie Butler says the Commonwealth could use primary health funding mechanisms to back the wage rises.

Commonwealth facing calls to fund nurses’ private sector pay rises

The nurses’ union has called on whichever party wins government to set aside billions to fund pay rises of up to 35 per cent for private sector nurses.

ACTU secretary Sally McManus said the prime minister’s minimum wage submission meant unions would not be fighting alone.

Albanese emboldens unions to seek 4.5pc minimum wage increase

The ACTU’s wage claim, pitched as a catch-up increase after a decline in real wages, is almost double the current inflation rate despite little productivity growth.

Australian Chamber of Commerce and Industry chief executive Andrew McKellar.

Employers call for 2.5pc minimum wage increase

A major employer group argues any above-inflation increase in the minimum wage must be linked to productivity, clashing with Prime Minister Anthony Albanese.

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RBA governor Michele Bullock on Tuesday after the interest rate decision was announced.

Labor pushes for above-inflation minimum wage rise despite RBA warning

Reserve Bank governor Michele Bullock has warned that increasing wages while productivity remains stagnant will put future interest rate cuts at risk.

March

These 12 charts show how the economy has changed under Labor

The federal election will be fought squarely on economic management. See how inflation, interest rates, the budget, and wages changed over the past three years.

Why Labor lost its way and how Albanese can still win

Inflation is political kryptonite for Labor but if the PM campaigns on Medicare, tax reform and real wage rises, it could win, writes trailblazing former union leader Bill Kelty.

February

Michele Bullock.

The four charts that show how the RBA board and staff were split

The Reserve Bank cut the cash rate, but the extent to which it tempered enthusiasm for more reductions brings into question why the board chose to move at all.

January

The irony is that Labor’s bigger spending during the past three years has, in part, made inflation harder to tame and helped keep interest rates higher for longer.

Unrealistic public sector pay claims risk an inflation budget hangover

The wage demands at the tail end of the inflation-cycle will add to the fiscal pressure on state government’s already deep in debt and deficit.

NSW nurses demonstrating for a pay rise in November.

Wage rises to blow out ‘unrealistic’ state budgets: S&P

Psychiatrists in NSW and teachers, nurses and police in Queensland are the latest essential workers to demand significant wage rises from state governments.

Finance Minister Katy Gallagher.

With a $7.4b black hole, Gallagher tries to explain the unexplainable

Budgeting no money for public servant wage rises may have made sense under a stingy Coalition, but it makes no sense under a Labor government hiring like mad.

December 2024

ACTU secretary Sally McManus on Monday called for interest rate cuts outside the Reserve Bank.

Union growth is back under Labor after a decade of decline

The ACTU says a return to collective bargaining under the Albanese government has helped unions increase their membership to 13 per cent of the workforce.

Ansa Finance manager Joshua Fuoco is also facing charges for allegedly managing a company while banned by ASIC.

Accounting, audit and finance roles added to fast-track visa list

Jobs and Skills Australia has added a range of accounting, audit and finance roles to its list of occupations eligible to apply for new fast-track visas.

Prime Minister Anthony Albanese and BCA chief Bran Black.

Push for McDonald’s pay rise shows danger of Labor’s laws, says BCA

Multi-employer bargaining has extended far beyond original intentions, according to the business lobby, including east coast miners and the fast food sector.

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House prices

The PM no longer says Australians are better off. These charts show why

While some economic metrics have improved during the government’s first term, the one that really matters to voters – their purchasing power – has gone backwards.

November 2024

Prime Minister Anthony Albanese is requiring providers to have a workplace agreement before receiving grants for wage rises.

Union demands could delay pay rise for childcare workers

Childcare providers are scrambling to meet a government funding condition to have a workplace agreement in place, warning a push to have a union deal could delay pay rises for months.

The nurses’ union argues enrolled nurses in aged care could see their pay drop below direct carers.

Labor seeks to delay pay rise for nurses, warning of budget blowout

The Albanese government is urging the workplace umpire to drag out pay rises of up to 25 per cent for aged care nurses until as far back as 2027.

Amelia Gasparotto

‘They can afford to pay’: Strike to hit private hospital giant

Nurses and midwives at Ramsay Health Care will strike at 17 hospitals in NSW for 24 hours on Tuesday demanding a 20 per cent pay increase.

Labor governments are under pressure to give large pay rises to essential workers. Economist Shane Oliver says the situation is reminiscent of the Whitlam government’s early days.

NSW train standoff emblematic of new public sector wage war

Labor governments face pressure to give large pay rises to essential workers. An economist says the situation is reminiscent of the Whitlam government’s early days.

Original URL: https://www.afr.com/topic/wage-growth-1mo4