Wages

Wages grew by 4.1% over the year to June, according to the Australian Bureau of Statistics (ABS). It's predicted to slow over the year ahead.
Economics Latest News

Wages grew by 4.1% in the last year

Wages grew by 4.1% over the year to June, according to the Australian Bureau of Statistics (ABS). It’s predicted to slow over the year ahead.

A global report has found Australian wages are growing at slow rates compared to some of the world’s biggest economies.
Economics Latest News

Australian wages remain almost 5% below pre-COVID levels

The 2024 OECD Employment Outlook analysed the labour market in 35 countries and found Australia was among 16 countries whose wages remain beloved pre-COVID levels.

average CEO salary
Economics Latest News

Average CEO salaries in Australia up by 14% in the past year

Charity CEOs’ average salary decreased over the past year to $265,000, down from $267,000 last year.

Wage growth in Australia
Economics Latest News Politics

Wages continue historic growth

Wage growth in Australia has continued above 4% in the 12 months to March, according to the Australian Bureau of Statistics.

Woolworths was fined $1.2 million after it underpaid more than 1,200 workers long service leave.
Latest News

Woolworths fined $1.2 million for underpaying long service leave

Woolworths was fined $1.2 million after it unpaid more than 1,200 workers long service leave entitlements over several years.

Economy GDP growth at 30-year low in June figures
Economics Latest Politics

The Government wants minimum wages to rise with inflation

Treasurer Jim Chalmers will ask the Fair Work Commission to lift the minimum wage in line with inflation this year.

wages grew july september
Economics

Wages grew at a record rate in July-September

National wages grew by 1.3% during July to September, according to the ABS. It’s a record growth but doesn’t match inflation.

The Daily Aus podcast
Economics

Are Australian workers underpaid?

This week, a lawsuit was launched against supermarket chain Aldi for underpaying workers up to $150 million. Does Australia have a wage theft problem? In today’s deep dive, the new Fair Work Ombudsman Anna Booth explains why underpayments happen, from small businesses to multinational giants, and what’s being done to combat the issue.

Wage theft jail time
Politics

A proposed law would see jail time for wage theft

The Federal Government has introduced a bill to Parliament which would criminalise deliberate wage theft with up to 10 years jail time.

The Daily Aus podcast
Culture Economics Politics

Should employers go to jail for underpaying staff?

The Government has introduced legislation aimed at closing what it calls workplace law ‘loopholes’. Under the new laws, employers who deliberately underpay their staff could face jail time. The Opposition and business groups have spoken out against the reforms, saying they will negatively impact small businesses and the economy. In today’s deep dive, TDA journalist Tom Crowley explains what’s in the legislation and whether or not it’s likely to pass.

Chris Minns Interview with TDA
Politics

TDA’s chat with NSW Labor Leader Chris Minns

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