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Latest news: Wage and Pension

Pay rise for aged-care nurses amid dire worker shortage

Pay rise for aged-care nurses amid dire worker shortage

The federal government hopes a milestone pay rise for aged-care workers will help attract and retain staff in a sector stretched by shortages.

'Unrecognised, underfunded': teachers shut down streets

'Unrecognised, underfunded': teachers shut down streets

'Unrecognised, underfunded': teachers shut down streets

'Unrecognised, underfunded': teachers shut down streets

Public school teachers have taken their fight for better pay and conditions to Melbourne's streets, compounding an election-year headache for Labor.

Top company bosses earning 45 times more than workers

Top company bosses earning 45 times more than workers

Top company bosses earning 45 times more than workers

Top company bosses earning 45 times more than workers

The heads of Australia's top companies are taking home bigger pay packets due to bonuses and share-based incentives, even as their base wage stagnates.

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Teachers to walk off job for 24 hours amid pay dispute

Teachers to walk off job for 24 hours amid pay dispute

Teachers at hundreds of public schools across one state will go on strike as protracted pay negotiations remain at an impasse.

'Keeps me up at night': generational rupture laid bare

'Keeps me up at night': generational rupture laid bare

Rising rents and falling real wages have squeezed young Australians, who find themselves no better off than previous generations.

Super platforms warned, again, to protect client funds

Super platforms warned, again, to protect client funds

A regulator is on the warpath after a review of superannuation platform trustees came up short for the second time, potentially leaving clients exposed.

Minimum wage tops $1000 a week, stoking inflation fears

Minimum wage tops $1000 a week, stoking inflation fears

Millions of workers on industry awards will get an annual pay rise and minimum wage earners even more, but economists warn the raises could fuel inflation.

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AI risks deepening divide between investors and workers

AI risks deepening divide between investors and workers

AI risks deepening divide between investors and workers

AI risks deepening divide between investors and workers

The rise of AI could result in a higher share of Australia's economic pie going to people who own assets rather than those who work for a living.

Teachers offered pay rise of up to 32 per cent

Teachers offered pay rise of up to 32 per cent

Teachers offered pay rise of up to 32 per cent

Teachers offered pay rise of up to 32 per cent

A teachers’ union has struck an in-principle deal with a state government for pay rises of up to 32.4 per cent over four years.

Unions ramp up minimum wage rise demands as costs soar

Unions ramp up minimum wage rise demands as costs soar

Unions ramp up minimum wage rise demands as costs soar

Unions ramp up minimum wage rise demands as costs soar

Low-paid workers should not go backwards because of Donald Trump's war, the peak union body says, as it calls for minimum wages to be raised to $26.45 an hour.

No criminal charges despite $49.5m wage theft blitz

No criminal charges despite $49.5m wage theft blitz

No criminal charges despite $49.5m wage theft blitz

No criminal charges despite $49.5m wage theft blitz

Australia’s $49.5 million wage theft crackdown has run for 488 days without a single criminal case, as employers fear honest errors will be punished.

Aussies losing almost $5b in unpaid super every year

Aussies losing almost $5b in unpaid super every year

Aussies losing almost $5b in unpaid super every year

Aussies losing almost $5b in unpaid super every year

One in four Australian workers have been deprived of superannuation payments by employers, which could have a huge impact on their retirement nest egg.

AMP leaders defend share price, tout AI future

AMP leaders defend share price, tout AI future

AMP leaders defend share price, tout AI future

AMP leaders defend share price, tout AI future

There is no sideline position to take in the disruptive moment offered by artificial intelligence, the leader of an Australian wealth stalwart says.

Win for younger workers with discount pay rates axed

Win for younger workers with discount pay rates axed

Win for younger workers with discount pay rates axed

Win for younger workers with discount pay rates axed

Workers in retail and fast food jobs will be eligible for the full award wage once they turn 18 after a decision from the workplace watchdog.

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Daylight robbery as time clock stops for shift workers

Employers are being encouraged to pay night workers for every hour they work this Easter Sunday during a daylight saving glitch.

Labor backs above-inflation wage bump for low-paid

Wage increases have not been driving recent inflation pressures and low-paid workers deserve a real pay rise, the government says.

Sticky situation as super changes stretch small firms

Almost a third of small business owners are considering dipping into their personal savings to meet super obligations for their staff.

Unions urge five per cent pay rise as inflation bites

Employer groups warn a pay rise above inflation for minimum wage earners would only tip more fuel onto the fire as rising petrol prices worry the Reserve Bank.

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Inflation does a job on wage growth, adds heat to rates

Rising inflation has pushed real wages below the level of rising costs, which could have a big impact on the Reserve Bank's next decision on interest rates.

Shares in wealth manager plunge in earnings bloodbath

AMP shares have plummeted amid questions from analysts about why shareholders should watch their money being "torched" to fund the company's new digital bank.

Unions set sights on pay rises, threaten strike action

Workers are more ready to strike than ever before, unions say, as they push for above-inflation pay rises to help members with high housing costs.

Confident about retirement? It depends on your gender

Years of gender pay gaps, part-time work and caring for others have left Australian women with smaller nest eggs facing a more uncertain future, research shows.

Superannuation gender gap starts on first day at work

An outdated law is widening the gender superannuation gap where women retire with less due to rules that deny the entitlement to most workers aged under 18.

Super giants tapped to compensate for self-managed duds

The federal government will force retail and industry super funds to help compensate people who lose their retirement nest eggs to failed private schemes.

Central bank rates outlook may pivot on wages, labour

A major bank has crunched the numbers from about 400,000 accounts to discover an uptick in wages and employment growth, ahead of a central bank rates reveal.

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Politics Australia Victoria Economy, Business and Finance Health Housing and Urban Planning Computing and Information Technology Australian Capital Territory Parliament Education Consumers Unions Hospital and Clinic Employment Work Relations Central Bank Labour Earnings Interest Rate Inflation and Deflation

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