The March quarter wage growth figures have been released, which reveal wages have lifted at an annual rate of 3.7 per cent.
The March quarter wage growth figures have been released, which reveal wages have lifted at an annual rate of 3.7 per cent. Sky News Business Reporter Edward Boyd says the expectation was that the wage growth annual rate would be 3.
6 per cent.United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Public sector wage increase 2023: Public sector to get 10.5pc wage rise over three yearsFederal Labor offers public sector workers a 10.5 per cent wage rise over three years, with 4 per cent in the first year; Australian Workers Union boss Daniel Walton steps down from his role to pursue a career in the private sector. Follow updates here.
Read more »
Australia minimum wage 2023: Business seeks 3.5pc minimum wage rise amid inflation worriesEmployers are backing “a fair and responsible” increase in wages for the country’s lowest-paid workers; multiple people are believed to be dead after a fire at a 92-room hostel in New Zealand. Follow updates here.
Read more »
Public sector wage increase 2023: Public sector to get 10.5pc wage rise over three yearsLabor offers public sector workers a 10.5 per cent wage rise over three years, with 4 per cent in the first year; Australian Workers Union boss Daniel Walton steps down from his role to pursue a career in the private sector. Follow updates here.
Read more »
Treasury wage growth forecasts ‘overly optimistic’: ACTUUnions have warned the Albanese government it won’t live up to the wage growth forecasts in the budget unless June’s minimum wage rise comes in at 7 per cent. auspol
Read more »
Wage rises could put small businesses through ‘significant hardship’Australian Chamber of Commerce and Industry CEO Andrew McKellar says wage rises could put small businesses in Australia through “significant hardship”. “They are struggling with their margins at the moment, in those circumstances, they can’t pay themselves a full wage, they can’t pay their own superannuation,” he told Sky News Australia.
Read more »
‘Renewed pressure’ within Labor ranks to ‘wage class warfare’There is “renewed pressure” within Labor ranks to “wage class warfare” and punish those Australians who strive to become financially independent through investing in property, says Sky News host Rita Panahi. “At Labor's coming national conference there will be a proposal to crack down on property investors and cap negative gearing at just one property,” she said. “But today, the PM said he has no intention of changing his government's position on negative gearing.”
Read more »