Unions call for increased minimum wage but SMEs remain wary
The Australian Council of Trade Unions said it would argue for a 5 per cent increase in the minimum wage, lifting the hourly rate to $21.35.
What Australia’s minimum wage raise means for small businesses
In a much-anticipated move, Australia increased the minimum wage to $20.33 per hour, so what does it mean for small businesses?
Australia’s underpayment ‘epidemic’ raises alarm for SMEs
Woolworths is the latest addition to a lengthy list of Australian firms that have underpaid their employees
World’s highest minimum wage does not offset high tax rates
According to the Organisation for Economic Co-operation and Development, Australia now has the world’s highest minimum wage. While this appears to be a positive step for low income Australian workers the increase in other factors such as taxes and the cost of living means that they do not reap the benefits of a higher minimum […]
Minimum wage increases by $21.60 a week
The Fair Work Commission has decided on a three per cent increase in the national minimum wage from July 1. Australia’s lowest paid workers will get a smaller pay rise this year of three per cent, but the industrial umpire says it will help improve their living standards. The national minimum wage will rise by […]
What happened on the weekend: Penalty rate cuts commenced, the minimum wage increased
Two decisions of the Fair Work Commission took effect on weekend – An immediate 3.3% increase in the minimum wage; and a staged variation in penalty rates under the Hospitality, Fast Food, Retail and Pharmacy Awards. The decisions do not apply to people employed under enterprise agreements or in other sectors (eg nurses, police, paramedics, […]
Businesswomen who underpaid because minimum pay rates are “just crazy” fined $228,000
A $228,000 fine has been handed down to the operator of a travel services company for underpaying an employee because she thinks the requirement of minimum pay rates is “just crazy”.
SME’s to bear brunt of minimum wage rise
The industrial umpire has increased the minimum wage 3 per cent, lifting it from $622.20 a week to $640.90 as of July 1. The ruling by the Fair Work Commission will directly affect over 1.5 million employees currently on modern awards and the national minimum wage. Fair Work Commission President, Justice Iain Ross, delivered […]