Finance Minister Katy Gallagher says a 3 per cent pay rise for federal public servants is a good deal despite her cabinet colleague, Tony Burke, insisting 3.1 per cent is not good enough for the rest of the workforce.
Senator Gallagher last month granted an interim pay bump of 3 per cent for this financial year while the government
“If anyone still needed proof that wages won’t move unless we change the law, today it’s case closed,” he said.But aggregate wages growth is being hampered by federal and state pay policies, with private sector salary increases exceeding the public sector by the widest margin since records began in the late 1990s.
The situation highlights the dichotomy at the heart of the Albanese government’s pay push, in which businesses are accused of failing to offer decent pay rises while governments simultaneously offer less. Ben Philips, an associate professor at the Australian National University, said there would likely be an element of catch-up.“Public sector wages are a bit stickier with enterprise agreements that kind of hold them back, and take time to catch up, whereas the private sector is free to increase wages as the market needs,” he said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Labor's potential gas tax won’t be used for budget repair: GallagherFinance Minister Katy Gallagher says the government is looking at all options to reduce gas and electricity prices but insisted if a tax was introduced it would not be used as a budget repair mechanism.
Read more »
Teals set sights on NSW cabinet ministerManly local Joeline Hackman has become the first state election candidate to receive endorsement from the teal Climate 200 group.
Read more »
Prime Minister steels for tough fight over industrial relations reformsPrime Minister Anthony Albanese faces a crucial week ahead in domestic politics after he returned home from nine days overseas attending international summits. 9News
Read more »
Prime Minister steels for tough fight over industrial relations reformsPrime Minister Anthony Albanese faces a crucial week ahead in domestic politics after he returned home from nine days overseas attending international summits. 9News
Read more »
No 10 seeks to quell hardline Brexiters’ fears over reports of Swiss-style EU dealMinister rubbishes reports that senior government figures were revisiting trading arrangement offered by EU last year
Read more »
Riccardo set to return to Red Bull for 2023Former F1 senior executive Mark Gallagher says Daniel Riccardo’s likely move back to Red Bull allows him to take a step back from Formula One and review his future career with the sport. Mr Riccardo is rumoured to be returning to the team as a third driver for the 2023 season. “Christian Horner, the team principal at Red Bull, has made it clear that his role will involve not a high amount of driving but quite a lot of public relations work, working with sponsors and yes, of course, working with the team,” Mr Gallagher told Sky News Australia. “This gives Daniel an opportunity to really find out if retirement is the thing he wants to do or whether actually he can rediscover his motivation and his focus and get back behind a seat of a wheel of an F1 car the following season.”
Read more »