News Formal

Unions, business clash over pay push

  • 📰 newscomauHQ
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 77%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The ACTU will push for a pay hike of 5 per cent in the upcoming annual wage review, arguing that an inflation-beating pay increase can be afforded by businesses when profits are surpassing their pre-pandemic levels.

But the ACTU’s claim will be met with fierce resistance by employers, while the government has signalled a more guarded approach, arguing that the real wages of Australia’s 180,000 lowest paid “should not go backwards”.

The ACTU’s proposed pay hike would lift the national minimum wage to $24.39 per hour or $926.82 a week, up from its current level of $23.23 per hour or $882.74. Despite warnings from business groups ahead of last year’s decision that an increase in excess of inflation would exacerbate price pressures, inflation has since retreated, falling from 6 per cent in the year to June, to just 4.1 per cent in December.

Earlier on Monday, the country’s largest business organisation, the Australian Chamber of Commerce and Industry , called for an increase of “not more than 2 per cent”.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 9. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Unions are targeting small business through womenInflexibility over work hours and the right to disconnect will hit women and their small business employers the hardest of all.
Bron: FinancialReview - 🏆 2. / 90 Lees verder »