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The Latest Breaking News from Innes Willox

Australian employers say ‘excessive’ minimum wage rise in line with inflation could lead to recession

Claim comes as Albanese government argues Fair Work Commission should ‘ensure the real wages of Australia’s low-paid workers do not go backwards’

The Guardian - AU

Safeguard mechanism agreement unlikely to increase energy prices and stop future coal and gas projects, experts say

The federal government's landmark climate policy to drive down emissions generated a mixed reaction from the energy industry, but experts say it is unlikely to stop future coal and gas projects or increase power prices.

ABC News

Chris Minns vows to ‘govern for everybody’ after NSW election win; arrest at Sydney anti-abortion protest – as it happened

This blog is now closed

The Guardian - AU

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Businesses urge support for safeguard mechanism

Ahead of a looming Senate battle, business groups have urged parliament to pass the safeguard mechanism laws to ensure certainty for the industry.

AAP

Gas producers accused of bullying and price gouging, despite federal government intervention to cap prices

Two months after the federal government introduced price controls on gas, manufacturers are still struggling to get a fair deal — and the costs are being passed onto consumers.

ABC News

Moderate Liberals push back against party move to oppose safeguard mechanism reform

Paul Fletcher and Simon Birmingham said to be concerned about consequences of opposing Labor’s plan to facilitate below-baseline crediting

The Guardian - AU

China a 'big story' for Australia's growth

Treasurer Jim Chalmers remains upbeat about Australia's resilience in the face of economic headwinds and some domestic challenges.

AAP

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What is the energy price relief plan and will it actually reduce power bills?

Treasury modelling suggests average household will be $230 better off after national cabinet backed $1.5bn intervention

The Guardian - AU

More time needed to examine Labor’s IR bill, say crossbench senators and employer groups

Workplace relations minister says Australians have ‘waited long enough’ for changes but has left door open to amendments

The Guardian - AU

Budget repair begins, tax reform is next

Labor has taken a big step towards budget repair but the harder work of serious tax reform has been deferred until further down the track.

AAP

Business says sector bargaining will lead to more strikes. So be it.

Business warns that restoring sector-wide bargaining will unleash more strikes and industrial disputes. That’s a good thing.

Crikey

Training system must catch up to industry

A panel of experts from business, TAFE and union sectors have outlined how Australia's training programs can be upgraded to skill people for the future.

AAP

Labor 'ready' for bargaining reform despite industry pushback

Legislative changes have been flagged by the government despite some concerns from industry groups.

The Canberra Times

Albanese government to commit to multi-employer bargaining despite business concerns

Treasurer Jim Chalmers says ‘sufficient common ground’ has been reached at jobs summit although employer groups fear industry-wide strike action

The Guardian - AU

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The Conversation

Grattan on Friday: Can Albanese government wring consensus from union-business impasse over industrial relations?

The escalating cost of living is your ally when you’re an opposition seeking election, but when you’re in office, it’s a rampaging beast to manage, economically and politically.

The Guardian - AU

What is ‘multi-employer bargaining’? Could it help lift wages growth in Australia?

With workers’ pay rates stagnant for a decade and inflation eating into spending power, here’s what unions are proposing

ABC News

Gas users and experts call for federal crackdown on east coast 'gas cartel'

Surging gas prices are putting a strain on Australian businesses that are calling for governments to step in and take action.

The Guardian - AU

Unions warn Tony Burke against potential debate on the better-off-overall test

Workplace relations minister says he will ‘take some convincing’ on industrial relations changes as he announces gutting of building watchdog

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The Guardian - AU

Australian farmers warn PM not to rush into Biden’s global methane pledge

National Farmers’ Federation says signing up to US push to limit emissions by 30% could be ‘calamitous’ and jeopardise global food security

Crikey

Power price pain to stay over short term

It will take time to implement the government’s plan to transition to renewables and shore up the energy grid, Energy Minister Chris Bowen says.

ABC News

Minimum wage rise will 'flow up' to all workers and fuel inflation, businesses warns

It may be good news for those on the receiving end, but business groups warn the minimum wage rise announced yesterday will flow on to other workers, adding "fuel to the inflation fire".

The New Daily

Albanese welcomes pay rise for pandemic ‘heroes’

Prime Minister Anthony Albanese has welcomed the Fair Work Commission's decision to raise the minimum wage by 5.2 per cent amid concerns about inflation.

ABC News

Casuals, contractors and gig workers set for 'potentially massive' changes under Labor

An industrial relations fight is looming as employers protest mooted changes giving more employment security to gig-economy workers.

The Guardian - AU

Labor’s jobs summit to focus on pay deals and productivity in bid to lift wages

Expert says collective bargaining is a ‘minefield’ for employers and simplifying it should be a focus of the forum

Crikey

Business ready to work with new government

Business groups are ready to work with the new Albanese government addressing the skills crisis, wages and bringing to an end of the ‘climate wars’.

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