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DARK SECRETS: 2 | Vintage Vibes

Labor tells wages umpire low-paid must not go backwards

The Albanese government will advocate for a wage lift that stops low-paid workers going backwards as business groups worry about higher wage bills.

AAP

Australian employers say ‘excessive’ minimum wage rise in line with inflation could lead to recession

Claim comes as Albanese government argues Fair Work Commission should ‘ensure the real wages of Australia’s low-paid workers do not go backwards’

The Guardian - AU

Paul Bongiorno: Reckoning time in the Senate strands the Coalition

The Coalition is playing a cynical wrecking role of Australia’s ability to contribute more meaningfully to reducing global emissions.

The New Daily

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Business groups push for climate deal but warn government against conceding too much to Greens

The government has been locked in negotiations with the Greens and key crossbenchers for weeks over its proposed changes to the so-called safeguard mechanism, with the Coalition remaining steadfastly opposed.

ABC News

Cost of living the number one issue for NSW voters, but not everyone agrees with the solution

Both major parties are promising to help households struggling to stretch pay packets to afford basics, amid rising calls for pay increases — but is that the solution?

ABC News

Australia’s economy running hot despite rising interest rates, but experts urge caution

Building and business insiders warn the Reserve Bank’s recent hawkish approach risks long-term harm for households and commerce

The Guardian - AU

Business warns of 'excessive' spending

A key business group wants the higher corporate tax bracket abolished and more disciplined spending to improve the federal budget bottom line.

AAP

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Changes to federal laws are set to make it easier for employees to request flexible work

This working mother saves time and money because her boss lets her work from home. Changes to federal laws could make it easier for other employees to do the same.

ABC News

Tourism operators unfazed by new COVID-19 testing requirements for Chinese visitors

Chinese visitors were "incredibly important" to Australia's pre-pandemic tourism industry. But with visitation numbers from China yet to bounce back, operators say they have pivoted to new markets.

ABC News

Report into industrial relations bill recommends removing more small businesses from multi-employer bargaining

A parliamentary report into the federal government's industrial relations bill has recommended carving out a greater number of small businesses from multi-employer bargaining.

ABC News

Albanese hits back at business groups’ threats to run anti-industrial relations bill ad campaign

Prime minister says the millions of dollars that would pay for the campaign could be used by companies to ‘pay workers better’

The Guardian - AU

Australian cash rate rises for 7th straight month to 2.85%

Australia’s central bank has boosted its benchmark interest rate for a seventh consecutive month to a nine-year high of 2.85%

The Independent UK

Workplace changes unlikely to be split off

Contentious parts of the Albanese government's proposed workplace reforms are unlikely to be split off to make the laws pass parliament sooner.

AAP

Childcare business boss backs Labor's controversial industrial reforms

Childcare boss breaks away from most business groups by supporting multi-employer bargaining reforms.

The Canberra Times

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The Guardian - AU

More time needed to examine Labor’s IR bill, say crossbench senators and employer groups

Workplace relations minister says Australians have ‘waited long enough’ for changes but has left door open to amendments

AAP

Budget good, but more needed: business

Treasurer Jim Chalmers' first budget has been welcomed by business chiefs, but they say more work is needed to get the economy on a stronger footing.

The Guardian - AU

Australia raises permanent migration cap to 195,000 to ease workforce shortages

Business welcomes immigration increase as government announces extra work hours for pensioners

The Canberra Times

Labor 'ready' for bargaining reform despite industry pushback

Legislative changes have been flagged by the government despite some concerns from industry groups.

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ABC News

National jobs summit a chance for Australia to hit reset on artificial intelligence, say business leaders

Artificial intelligence is advancing so rapidly that talents which were thought to be uniquely human, like creativity, are proving to be just as easily automated. AI leaders say the jobs summit is a chance to set the new rules for automation in the future.

The Guardian - AU

Unions and employers agree 40,000 more migrants a year needed to fill Australia’s skills shortage

Consensus on migration and increasing subsidies for apprentices could pave way for policy reform at government’s jobs and skills summit

AAP

Wages, migration on jobs summit agenda

Flatlining wages, migration levels and the need to boost workforce participation for people living with disabilities will dominate the Jobs and Skills Summit.

AAP

Labour market tightens as 60,600 find work

The unemployment rate was unchanged at 3.9 per cent in April as 60,600 people joined the workforce, the Australian Bureau of Statistics says.

ABC News

Will lifting the minimum wage worsen inflation and raise interest rates?

Wages have become the latest battleground in the election, with debate raging about how much extra workers can get paid without sending businesses broke and consumer prices soaring.

ABC News

In election 2022 battleground seats, voters are switching off politics but economic issues loom

From marginal seats with diverse communities to blue-ribbon ones with climate-focused independents, voters are fed up with political spin and are seeking policy action on big issues like the cost of living and climate change.

ABC News

Business calls for political 'courage' to confront industrial relations reform

Business groups are urging both political leaders to show "courage" and confront the politically fraught issue of industrial relations, arguing any benefits of future wage growth could be delayed by an inflexible enterprise bargaining system.

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