Labor fuels business fears with talk of higher minimum wage

  • 📰 theage
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

Employers are urging Opposition Leader Bill Shorten to reveal how he intends to increase the minimum wage

after Labor finance spokesman Jim Chalmers said the independent umpire would “do the right thing” to fix the problem.

ACCI chief executive James Pearson wrote to Mr Shorten last week asking for a meeting to learn how a Labor government might change the law or seek another way, yet to be explained, to increase the minimum wage. Previous attempts to apply the “living wage” have been blocked in the past because the Fair Work Commission makes its decisions based on the considerations set in the Fair Work Act.

“With wages flatlining and people struggling to make ends meet, we need to ensure the Fair Work Commission has the right tools to make its decision.”Jobs and Industrial Relations Minister Kelly O’Dwyer said Labor had to explain how it would achieve what it claimed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I like the idea that the highest paid member of a company cannot earn more than ten times the amount of the lowest paid. I hear the calls 'socialist' but I prefer the term 'fairness'.

He could start by getting rid of Home Affairs and the bs of border protection thus leaving billions available for training & bonus schemes for the working poor instead of the business in abuse

Easy. Cut back on the ludicrous and undeserved pensions ex-politicians get paid for life.

Why start explaining Labor policy now? he never has?

Labscare just like mediscare.. Small business will go broke under the Short Changer.

The equation. Higher wages but less of them.

Creep amongst Creeps😂

The age and it’s dumb readers auspol

He’s nothing but a snake oil salesmen He will tell you anything you want to hear Apparently he respects women this week Last week he’s a climate warrior shutting down Adani This week he loves coal mining jobs The gullible lefties will believe anything from this clown

It is payed through buisness reducing hours with casuals and putting extra pressure on work force ive had to manage wage increase when i was store manger we were given no extra on the bottom line it had to come at cost to casuals loosing hours

He's going to cut executive pay be 50% and or cap it at $2m!

MortyAU He has no idea how to do it. just another vote grab. Business has two options either pass on the cost by raising prices. Or reducing staff numbers. Why people think there is a wheelie bin load of cash in every business is not true.

Ask nicely

Ok I’m gonna unfollow u until the elections over cos I’m tired of the pro liberal rubbish.

Yay, increased minimum wage means less jobs and higher cost of living!! Thanks labor! You guys continue to prove you’re complete and utter fuckwits. Stop. You’re a danger to the well-being of Australians.

You have not created a single job, by Capitalist Coalition anti-workers Gov. cut taxes and penalty rates,to the lowest pay under pay,powerless defenceless workforce, you just bank the increased profits. You so strong against M/wage increase. Stop the huge rise of living costs.

The Right-wing Radical extreme Capitalism Coalition Party, strongly advocated with You employers put W,F. Commission to cut wages by cut penalty rates,further gave you big bonus by taxes cuts. You are free to rise prices up as you please, You employ by 1 hour,All workchoice F/you

MortyAU He will tell us after the election.....or mmmmmm don’t know 🤪

Stop the panic. billshortenmp has been misunderstood. What he promises is significant pay increases for all, (I assume except bank executives) but this would not be an import on business, especially small business, but would be funded by another levy on banks (or their bosses)

MortyAU Coming from The Age... that's rough 😉 Bill will driving the ship hurtling into space just above empty with little possibility of return and demanding full power. 🤡🎪

I'd like to see his answer. hardfacts

Employers need to suck it up and realise that employees are struggling now! While wages have been stagnant for years, the cost of living has skyrocketed! About time someone stood up for workers!

By regulating that the minimum wage for that industry must not be any less than a given percentage of the maximum CEO package in that Industry.

So what is AusChamber doing to represent its members against Labor’s business destroying policies? Are you going to put money and resources into demonstrations and advertising? auspol

Whichever way he goes, you can bet your life it will be CROOK! Before considering to vote for this bloke, carefully, repeat carefully, check out his history and past, it ain’t good!

Tell the employers to cut dividends to their fat cat shareholders and increase wages.

Just take the money from those magical money trees that all small business owners have 🤷🏻‍♂️

How about employers answering the same question

Labor fuelling business fears? Good. I'm not sympathetic to a bunch of mediocre rent seekers.

By forcing employers and corporations to pay TAX!

BIAUS AusChamber abcnews Decades of tax cuts concessions write offs tax havens creative debt to foreign parent companies set up ALL to minimise Corp Tax all Totally Unsustainable consistent growth has it been OFF THE BACKS of workers the Unemployed Pensioners yes or no

Full of shit story 1. Revisit penalty rstes 2. Encourage Fair Work to be bit more balanced 3. Encourage negotiated wage rises 4. Don't provide tax cuts to BIG business 5. Do provide more assistance to small business 6. Don't buy so many submarines etc

He doesn't intend to increase the minimum wage at all, if he wins, he will say thinks are far worse than he thought and everyone will need to shoe restraint !

...typical Labor, great ideas but not logistically possible without making a mess.

Same employers that have run dead on systemic wage theft undertaken by employers. auspol ausecon wages

Have you asked the LNP this? No, because you are hacks hell bent on deriding Labour. You want to keep the workers down to keep enriching the rich. Maybe labour can afford it by cutting all the graft the LNP have been leeching out of the taxpayer.

43a6f0ce5dac4ea I'm guessing he's going to crack down on greedy employers who find sneaky ways to avoid paying their staff.

According to Jim Chalmers he is not going to introduce living wage but expects fxc to use difference between min wage and living wage as a guide for min wage increases. Whatever that means

Well if employers don’t pay living wages people won’t buy their stuff! It’s not rocket science. It’s the majority of the economy, ie the workers, who keep the economy ticking over. Wage increases badly needed - the RBA has been saying this for a while

Force religious cults like Scientology to pay tax and other major corporate conglomerates. Reclassify levels and obscene wages for overpaid public servants. Stop perks for retired pollies. And don't stop there. auspol

Omg! There could be a downturn in overseas skiing holidays😢

Oh look, as soon as someone mentions making things better for workers, the top end of town start squealing like pigs! FO!

Shorten is a peanut

Stop paying millionaires a tax refund on earning they haven’t paid tax on. There’s $6 billion a year in savings.

Pretty easy just bring back pattern bargain it worked in the 70s 80s

You could always start paying penalty rates again

Employers only have one vote each; like the rest of us. Unless you give yours to them. Don't. ChangeTheRules

EVA HEARD OF MMT?

He has no idea how too. He is making promises he can't cash and hoping that the low educated fools will believe him for their Vote. Fair Work set the standard not the government.

Stop taking all the profits & giving to yourselves and give some more to your employee's , its that fucking simple

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Labor fuels business fears with talk of higher minimum wageLabor has ramped up plan to lift the minimum wage despite industry claims the election pitch could cost employers $8.7 billion a year The minimum wage is zero $. Raise it all you want and more people will get zero. Hmmm job losses on the way
Source: theage - 🏆 8. / 77 Read more »

Profits and wages are rising — but it depends on which industry you're inBoth workers and business owners are seeing an increase in earnings, although the results vary greatly depending on which industry they are in. Profits are rising but wages aren't So in every sector wages went backwards wrt inflation? Yeah, if you are in the industry of profits, your profits are rising. But if you are in wages...
Source: abcnews - 🏆 5. / 83 Read more »