RBA to raise interest rates in August, November

RBA to raise interest rates in August, November

In its December edition of the Forward View report, NAB said the RBA will not have much impetus to begin hiking the cash rate until it sees a pick-up in wages growth, which looks to start improving thanks to a stronger labour market.Read the full article on My...
One million Aussie workers at risk of ‘wage theft’

One million Aussie workers at risk of ‘wage theft’

Research from global workforce management provider Kronos suggested that around 10 per cent of employed Australians — or around 1 million people — are not paid their full entitlements under the legal minimum wage.Read the full article on ABC Online.
Minimum wage hike has minimal effect

Minimum wage hike has minimal effect

The Fair Work Commission stunned business owners in June this year by announcing a 3.3 per cent rise in the minimum wage and minimum award rates – well above the current inflation rate of 1.8 per cent, effective from the new financial year. Read the full story on My...