Tax return: Millions set for huge tax cuts, with high earners benefiting most

Huge tax cuts are coming and a group of Australians will be the biggest winners. Here is everything you need to know. Despite a crushing rise in the cost of living, it is well-off Australians who will get the biggest tax break, with Anthony Albanese vowing to press ahead with tax cuts that disproportionately benefit … Read more

Minimum wage Australia: who gets a pay rise after Fair Work Commission decision

More than 2.3 million Australian workers are finally about to pocket a big pay rise, but there are potential problems. Millions of underpaid workers will finally pocket a pay raise this year. Just after 10am (AEST) on Wednesday morning, the Fair Work Commission announced that the push by trade unions and the new Albanian government … Read more

Minimum wage Australia: Fair Work Commission announces wage increase for millions

More than 2.7 million Australian workers are finally on the verge of pocketing a big pay rise following a major announcement this morning. Millions of underpaid workers will finally pocket a pay raise this year. Just after 10am (AEST) on Wednesday morning, the Fair Work Commission announced that the push by trade unions and the … Read more

Calls for public sector salary cap to be removed as inflation soars

Some of Australia’s hardest workers face the prospect of a $2,000 pay cut thanks to an outdated rule that has been in place since 2011. Removing it could help raise wages for everyone. During the pandemic, some of the state’s most valuable workers — nurses, teachers and paramedics — got a small pay raise of … Read more

2022 elections: Anglicare report shows strong tension on minimum wage earners

A shocking situation exists for people working full-time at minimum wage in Australia, new analysis shows. A full-time minimum wage worker is left with just $29 each week after essential expenses, while a family of four earning the same rate of pay is actually $24 short of what they need to survive. Anglicare’s shocking new … Read more

Claims That Raising The Minimum Wage Risks ‘Runaway’ Inflation Are False

The wage war has become the center of public debate in the run-up to federal elections, with Albanians arguing that real wages could rise alongside productivity growth, he writes. Graham White. There IS something depressing about the current debate about raising the minimum wage. Apparently, the only way we can see the economy working properly, … Read more

Prime Minister Scott Morrison calls Anthony Albanese a ‘loose unit’ on economics

Scott Morrison has criticized Labor leader Anthony Albanese as a “loose unit” in the economy who will send interest rates soaring if he greenlights big pay rises. Scott Morrison has criticized Labor leader Anthony Albanese as a “loose unit” in the economy who will send interest rates soaring if he greenlights big pay rises. The … Read more

Reserve Bank of Australia says real wages won’t rise until next year

Workers hoping for a pay rise will have to wait until next year with the Reserve Bank of Australia revealing a grim prediction. Australians hoping for a pay rise will have to wait until next year before real wages improve. The Reserve Bank of Australia projects that real wages will continue to decline until December … Read more

Reserve Bank of Australia says real wages won’t rise until next year

Workers hoping for a pay rise will have to wait until next year with the Reserve Bank of Australia revealing a grim prediction. Australians hoping for a pay rise will have to wait until next year before real wages improve. The Reserve Bank of Australia projects that real wages will continue to decline until December … Read more