August 17, 2022
Wage growth has flatlined, rising by only 0.7 per cent to 2.6 per cent, less than half the rate of
inflation at 6.1 per cent, according to data released by the ABS this morning.
August 13, 2022
Banks and insurance companies raked in billions according to financial year end of interim results this week, with CEO pay increasing by tens of millions. This coincides with big banks advocating against increasing wages and suppressing their own workers’ wages or sacking them.
August 10, 2022
Full and secure employment should be the top macro-economic goal of the Federal Government according to the ACTU in a new paper released this morning ahead of the Jobs Summit in early September
August 8, 2022
The ACTU welcomes today’s commitment from Workplace Relations Minister Tony Burke to stop employers using the threat of EBA terminations as a bargaining tactic.
August 5, 2022
Wages for Australian workers will continue to be cut in real terms until June 2024, according to projections released this morning by the RBA.
August 3, 2022
Shell, Chevron, Exxon Mobil, and now BP posted global record profits according to half-yearly earnings, off the back of rising world energy prices, according to reports released in the last week.
August 3, 2022
Unions welcome the Greens’ decision to support the Albanese Government’s emissions reduction Bill.
August 2, 2022
The interest rate rise of 0.5 per cent, which brings the cash rate to 1.85 per cent, announced today by the Reserve Bank of Australia will worsen the cost-of-living crisis for workers.
July 28, 2022
After a decade of campaigning for 10 days paid family and domestic violence leave by unions, the new Albanese Government will finally introduce legislation to enshrine the right into the parliament today.
July 28, 2022
Today’s update from the Treasurer means that wages are not expected to grow in real terms until the middle of 2024, meaning workers suffering during the cost-of-living crises will worsen.
