The Times Australia
The Times Australia

.

Labor will urge Fair Work Commission to give real wage rise to three million workers

  • Written by Michelle Grattan, Professorial Fellow, University of Canberra




The Labor party on Wednesday will urge the Fair Work Commission to grant a real wage increase to Australian workers on awards.

This goes further than Labor’s recommendations in earlier years, which have been for real wages not to go backwards.

In the new submission, Labor will say that the increase should be “economically sustainable.” It says a rise in minimum and award wages should be consistent with inflation returning sustainably to the Reserve Bank’s target band of 2% to 3%.

The move sets up a debate between the government and opposition about what are responsible wage increases.

The submission says: “Labor believes workers should get ahead with a real wage increase. Despite heightened global uncertainty and volatility, the Australian economy has turned a corner. Inflation is now less than one third of its peak, unemployment remains low, there are over 1 million additional people employed than in May 2022, and interest rates have started to come down.

"Economic growth rebounded at the end of last year and the private sector is now a key contributor to growth. Importantly, real wages growth has now returned and is forecast to continue across 2024-25 and 2025-26. A soft landing in our economy looks more and more likely.”

More than 2.9 million workers have their pay set by an award and are directly affected by the commission’s Annual Wage Review. The national minimum wage is presently $24.10 an hour, which is $915.90 for a 38 hour week, equivalent to $47,626.80 a year.

The submission points out that women are disproportionately represented in jobs that are under awards and low paid.

The government argues that its position is both economically responsible and fair, and will ensure low paid workers can get ahead as inflation moderates. It says that if its recommendation is accepted, this will help about three million workers, including cleaners, retail workers and early childhood educators.

Prime Minister Anthony Albanese recalled that during the 2022 campaign he was asked if he supported a wage increase for low paid workers.

After he said “absolutely”, the Liberals had said this would wreck the economy,

“Since then we’ve seen wages going up, inflation coming down and interest rates starting to fall. This campaign will again advocate for workers to get a pay rise to not only help them deal with the pressures of today, but to get ahead in the future.”

Treasurer Jim Chalmers said: “The choice at this election is between a Labor government which has been creating jobs, getting wages moving again, rebuilding living standards and rolling out responsible cost-of-living help versus a Coalition that wants Australians working longer for less.”

In its submission Labor says an economically sustainable real wage increase would complement the measures the government has introduced to ease cost-of-living pressures.

Read more https://theconversation.com/labor-will-urge-fair-work-commission-to-give-real-wage-rise-to-three-million-workers-253560

4 tips to exercise safely in the cold

Temperatures have dropped in many parts of Australia which means runners, cyclists, rowers, hikers, or anyon...

Times Magazine

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

From Beach Bops to Alpine Anthems: Your Sonos Survival Guide for a Long Weekend Escape

Alright, fellow adventurers and relaxation enthusiasts! So, you've packed your bags, charged your devices, and mentally prepared for that glorious King's Birthday long weekend. But hold on, are you really ready? Because a true long weekend warrior kn...

Effective Commercial Pest Control Solutions for a Safer Workplace

Keeping a workplace clean, safe, and free from pests is essential for maintaining productivity, protecting employee health, and upholding a company's reputation. Pests pose health risks, can cause structural damage, and can lead to serious legal an...

The Science Behind Reverse Osmosis and Why It Matters

What is reverse osmosis? Reverse osmosis (RO) is a water purification process that removes contaminants by forcing water through a semi-permeable membrane. This membrane allows only water molecules to pass through while blocking impurities such as...

Foodbank Queensland celebrates local hero for National Volunteer Week

Stephen Carey is a bit bananas.   He splits his time between his insurance broker business, caring for his young family, and volunteering for Foodbank Queensland one day a week. He’s even run the Bridge to Brisbane in a banana suit to raise mon...

Senior of the Year Nominations Open

The Allan Labor Government is encouraging all Victorians to recognise the valuable contributions of older members of our community by nominating them for the 2025 Victorian Senior of the Year Awards.  Minister for Ageing Ingrid Stitt today annou...

The Times Features

How to Tell If Your Eyes Are Working Harder Than They Should Be

Image by freepik Most of us take our vision for granted—until it starts to let us down. Whether it's squinting at your phone, rubbing your eyes at the end of the day, or feeling ...

Ways to Attract Tenants in a Competitive Rental Market

In the kind of rental market we’ve got now, standing out is half the battle. The other half? Actually getting someone to sign that lease. With interest rates doing backflips and ...

Top Tips for Finding the Ideal Block to Build Your Home

There’s something deeply personal and exciting about building your own home. You’re not just choosing paint colours or furniture, you’re creating a space that reflects your lifes...

The Home Buying Process Explained Step by Step

Buying a home is a thrilling milestone, but it can also feel like navigating a maze without a map. With paperwork, finances, and decisions at every turn, understanding the home-b...

Thinking of Selling Your Home? Here’s What You Need to Know

Selling a home is more than just putting up a “For Sale” sign. It’s a strategic process that involves preparation, pricing, and negotiation - all aimed at getting the best value ...

Smart Ways to Earn Passive Income from Real Estate

Imagine making money without doing much work. You get paid even while you sleep, travel, or do fun things. This is called passive income. Indeed, real estate has great ways to do...