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Top related persons:
Andrew McKellar - 2 Tony Burke - 1 Burke - 1 Jennifer Westacott - 1 Kirsty Needham - 1 William Mallard - 1 Steven Saphore - 1 Lin Ong - 1
Top related locs:
Australia U.S United States Sydney Lincoln
Top related orgs:
Australian Chamber of Commerce - 2 Industry - 2 Thomson - 2 Email Defense - 1 U.S . - 1 Australia's Labor - 1 Australian Broadcasting Corporation - 1 Business - 1

Search resuls for: "Australian Chamber of Commerce and Industry"


5 mentions found


☆ Defense is a 'huge part' of the U.S.-Australia relationship, Australian industry body says
  + stars: | 2023-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense is a 'huge part' of the U.S.-Australia relationship, Australian industry body saysAndrew McKellar of the Australian Chamber of Commerce and Industry says the United States is Australia's top strategic partner.
Persons: Andrew McKellar Organizations: Email Defense, U.S ., Australian Chamber of Commerce, Industry Locations: U.S, Australia, United States
☆ Australia government to introduce bill barring 'wage theft' on Monday
  + stars: | 2023-09-03 | by ( Kirsty Needham | ) www.reuters.com   time to read: +1 min
SYDNEY, Sept 3 (Reuters) - Australia's Labor government will introduce legislation to close "loopholes" in workplace law, a move opposed by employer groups fearing higher costs, when parliament returns on Monday. Workplace Minister Tony Burke said on Sunday he would introduce the bill making it a criminal offence to deliberately underpay workers, with a maximum penalty of 10 years in jail and a maximum fine of A$7.8 million ($5.0 million). Penalties would not apply to employers who make honest mistakes, Burke said in a statement. Burke said in a speech last week that in addition to criminalising "wage theft", the bill would make it easier for casual workers to gain permanent roles, scrutinise the use of labour hire firms to undercut minimum pay rates, and introduce minimum standards for "gig economy" workers, including in food delivery and rideshare apps. ($1 = 1.5504 Australian dollars)Reporting by Kirsty Needham; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
Persons: Tony Burke, Burke, Jennifer Westacott, Kirsty Needham, William Mallard Organizations: Australia's Labor, Australian Broadcasting Corporation, Business, of Australia, Sky News, Australian Chamber of Commerce, Industry, Thomson
☆ Australia hikes minimum wage as living costs surge
  + stars: | 2023-06-02 | by ( Stella Qiu | ) www.reuters.com   time to read: +3 min
REUTERS/Steven Saphore/File PhotoSYDNEY, June 2 (Reuters) - Australia will raise the minimum wage by 5.75% from July 1 as families grapple with soaring living costs, a decision that businesses and some economists say risks further stoking inflation and interest rates. The independent Fair Work Commission (FWC) on Friday decided on a 5.75% pay rise for workers on awards with wages linked to movement in the minimum wage. It also made a technical reclassification for the national minimum wage, which the union says will take the increase to 8.6% for the lowest-paid employees, about 0.7% of the workforce. "Following several recent developments, including the outcome of today's minimum wage decision, we are adding a 25bp hike to our RBA profile in June and another 25bp in July." "Today's increase means these workers can keep their heads above water and not have to cut back even further."
Persons: Steven Saphore, Lin Ong, Philip Lowe, Taylor Nugent, Adam Hatcher, Hatcher, Andrew McKellar, Sally McManus, Stella Qiu, Shri Navaratnam Organizations: REUTERS, RBC Capital Markets, Reserve Bank of Australia, National Australia Bank, Australian Chamber of Commerce and Industry, Australian Council of Trade Unions, Thomson Locations: Sydney, Australia, Lincoln
☆ Australia's budget is focused on alleviating cost of living pressures, says industry body
  + stars: | 2023-05-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAustralia's budget is focused on alleviating cost of living pressures, says industry bodyAndrew McKellar of the Australian Chamber of Commerce and Industry discusses Australia's budget and says there's much less emphasis on business, adding that its "lead item" is energy cost relief.
☆ Australian PM says would welcome inflation-matching minimum wage rise
  + stars: | 2023-03-30 | by ( Lewis Jackson | ) www.reuters.com   time to read: +2 min
Changes to the national minimum wage are reviewed annually by the independent Fair Work Commission (FWC), which last year delivered an increase largely in line with inflation. "If the Fair Work Commission makes that decision then I would welcome it, but it is an independent decision of government. The FWC decision, expected in June, also covers minimum wages and conditions for specific industries and occupations, known as awards. Roughly 2.7 million Australians are covered by awards, compared to around 180,000 on the minimum wage. Catherine Birch, a senior economist at ANZ, said the FWC would likely lift the minimum wage further than award wages, given the latter's broader reach.
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