logo
‘Unfair': Labor reveals penalty rates protection as priority when parliament returns

‘Unfair': Labor reveals penalty rates protection as priority when parliament returns

News.com.au2 days ago
Pay for workers in female, part time and under-35 dominated industries will be the target of some of the first new laws under the new federal government.
On Saturday, Employment Minister Amanda Rishworth announced laws to protect penalty rates and overtime pay for 2.6 million workers would be introduced in the coming weeks.
'If you rely on the modern award safety net and work weekends, public holidays, early mornings or late nights, you deserve to have your wages protected,' Ms Rishworth said.
'We want this law passed as a top priority, so workers are protected from the loopholes that see their take-home pay go backwards.'
People covered by award rates are more likely to be women, work part time, be under 35 years of age or employed on casual contracts, Ms Rishworth said.
The proposed law would add rules to the Fair Work Act, so penalty rates and overtime cannot be rolled up into a single rate of pay where it leaves any individual worker worse off.
Speaking in Canberra on Saturday, Ms Rishworth stood alongside retail workers who said their penalty rates were 'really important' in paying for groceries and school fees.
Retail worker Daniel said he was paid about $85 in penalty rates each week, equalling $4240 a year.
'I've been in retail for 17 years … That money often pays for vets, dentists, doctors and food.
'Generally, I find living on six to $700 a week is a struggle, whether you've got a partner to rely on or not.
'Penalty rates honestly make a huge difference, and without it, I'd have to work more. See my family less, see my dog less, see my friends less,' he said.
'Just not go to the movies, not ever have a holiday. It's a myriad of things that would affect me.'
Ms Rishworth said the new legislation was prompted by 'a number of cases' where penalty rates were being reduced 'in an unfair way'.
Retail, clerical and banking sector companies had made moves to trade away penalty rates for lower-paid workers, she said, leaving those staff worse off.
'Enterprise bargaining is the appropriate place to negotiate on entitlements – not eroding the award safety net,' Ms Rishworth said.
Labor needs only the support of the Greens in the senate to pass legislation, sidelining the other minor parties and independents who held sway in the previous parliament's upper house.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Half this country desperate to live in Aus
Half this country desperate to live in Aus

Perth Now

time16 minutes ago

  • Perth Now

Half this country desperate to live in Aus

More than half of the citizens of Tuvalu have applied for a visa to permanently migrate to Australia. Just more than a month ago, Australia opened the The Falepili Mobility Pathway ballot, a program to provide citizens of the tiny island nation of Tuvalu a permanent migration pathway to Australia. The country has a population of just 10,643, while at least 5157 of them entered the lottery, more than half of the nation's people. This was through 1466 registrations, with many of the people being included as family members on applications. The ballot, which closed on Friday, randomly selected up to 280 people each year to apply for the visa. It is open to all Tuvalu citizens, regardless of age, and visa holders do not need to gain employment in Australia before applying. Tuvalu's population is particularly exposed to the effects of climate change. Credit: Supplied If the pace of applications keeps up, it could mean the entire population of Tuvalu could live in Australia within 40 years. Selections for the ballot will take place between July 25, 2025 and January 25, 2026. The scheme allows successful applicants to live, work and study anywhere in Australia indefinitely, sponsor relatives to also migrate to Australia, and apply for citizenship once eligible. The population of the island nation is one of the world's most exposed to the effects of climate change, with this program providing a path to flee as the impacts worsen. The visa program is part of an agreement between Australia and the Pacific nation. Credit: Supplied The pathway is part of the Australia-Tuvalu Falepili Union that both countries signed on August 28, 2024, part of which is to build climate resilience. Also included in the union is a commitment of $38m to invest in climate adaptation measures on the island. Pacific Minister Pat Conroy said the ballot's opening was a 'landmark moment'. NewsWire / Martin Ollman Credit: News Corp Australia When the ballot opened last month, Pacific Island Affairs Minister Pat Conroy called it the 'most significant agreement' between Australia and a Pacific country since Papua New Guinea's independence in 1975. 'The opening of the mobility pathway ballot is a landmark moment for Australia and Tuvalu,' Mr Conroy said. 'Alongside the Pacific Australia Labour Mobility scheme and the Pacific Engagement Visa, the Falepili migration pathway will strengthen relationships with our Pacific neighbours. 'It demonstrates how we are working in partnership with the Pacific to ensure our region remains peaceful, stable and prosperous.' Foreign Minister Penny Wong said the program provided a pathway 'as climate impacts worsen'. NewsWire / Martin Ollman Credit: News Corp Australia Foreign Minister Penny Wong said 'as climate impacts worsen' the program allowed Tuvaluans to live, study and work in Australia. 'The pathway reflects the deep trust between our two countries, and we look forward to the contributions Tuvaluans will make to Australian society,' Senator Wong said.

Top 10 at 11: ASX slides as investors jump on profit taking … but the birthplace of BHP is back on the ASX
Top 10 at 11: ASX slides as investors jump on profit taking … but the birthplace of BHP is back on the ASX

News.com.au

time26 minutes ago

  • News.com.au

Top 10 at 11: ASX slides as investors jump on profit taking … but the birthplace of BHP is back on the ASX

Morning, and welcome to Stockhead's Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading. With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest. In brief, this is what the market has been up to this morning. Profit taking pushes ASX lower After hitting two new fresh closing highs last week, it's no surprise the ASX has slipped back into profit taking patterns, falling sharply in the first hour of trade. The ASX200 is down 0.74% as of about 10.30am AEST, with all 11 sectors flashing red. Our top 7 banks and broader gold stocks are taking the brunt of it at the moment, with the ASX 200 Banks index down 1.34% and the All Ords Gold shedding 0.93%. The All Tech (-0.16%) and ASX 200 Resources (-0.39%) are in better shape than most, offering a hint of where some supporting strength might come from later in the day. In the meantime, let's check out which ASX small caps are finding their feet despite the general market hangover. WINNERS Code Name Last % Change Volume Market Cap AIV Activex Limited 0.018 157% 2195344 $1,508,518 BHM Brokenhillminesltd 0.49 133% 3624581 $22,594,508 RBR RBR Group Ltd 0.002 100% 500000 $3,120,285 AUH Austchina Holdings 0.002 33% 250000 $4,538,075 BLZ Blaze Minerals Ltd 0.004 33% 2377454 $5,335,392 CT1 Constellation Tech 0.002 33% 33333 $2,212,101 PGD Peregrine Gold 0.245 32% 650741 $15,696,832 CRS Caprice Resources 0.061 27% 14824090 $32,016,302 AOK Australian Oil. 0.0025 25% 21000 $2,075,566 CTN Catalina Resources 0.005 25% 110000 $9,704,076 In the news... Broken Hill Mines (ASX:BHM) has officially listed the ASX, simultaneously kicking off a 4000m drilling program at the Pinnacles Mine with another 3000m of results awaiting assay at the lab. BHM is looking to expand the Pinnacles resource, which currently sits at 6Mt at 10.9% zinc equivalent. It owns the operating Rasp mine, located around the site of the Broken Hill discovery on which the world's biggest miner BHP was founded. Blaze Minerals (ASX:BLZ) is poised to begin drilling at the Loulombo base metals project in the Republic of Congo, after finalising the project's acquisition from Congo Shining SARL. BLZ is particularly interested in the Mimpala target, a 1.5km by 500m zone with artisanal workings over 800m of that strike. The target area has produced rock chip results of up to 60.5% lead, 13.2% vanadium, 2.3% copper and 6.3% zinc. Mark Creasy-backed Peregrine Gold (ASX:PGD) has unearthed a large-scale channel iron deposit at the Newman gold project, over a continuous strike of 6.4km. Initial results have averaged about 57% iron, peaking at 61%. It's the first time iron has been identified in the area, having never been reported by past explorers or the GSWA. ActivEX (ASX:AIV) has drummed up a 310,000-ounce gold resource at the Mt Hogan historical gold mine, the first JORC estimate for the mine, which sits within the Gilberton JV gold project with Gilberton Gold Pty Ltd. Management is also keen to investigate two other historical gold mining centres at the Josephine and Comstock prospects, which have had little modern exploration. RBR Group (ASX:RBR) is working to capitalise on a revival of liquid natural gas developments in Mozambique, spearheaded by TotalEnergies and ExxonMobil megaprojects. The company offers a range of services including training, labour hire, and camp construction and management, all necessary components of project development and management. LAGGARDS Code Name Last % Change Volume Market Cap EEL Enrg Elements Ltd 0.001 -33% 1 $4,880,668 GGE Grand Gulf Energy 0.002 -33% 2673646 $8,461,275 GTR Gti Energy Ltd 0.003 -25% 3438837 $14,835,762 SHP South Harz Potash 0.003 -25% 800000 $5,132,248 MEM Memphasys Ltd 0.004 -20% 181616 $9,917,991 ROG Red Sky Energy. 0.004 -20% 561454 $27,111,136 TMX Terrain Minerals 0.002 -20% 497500 $6,329,536 AUK Aumake Limited 0.0025 -17% 2055000 $9,070,076 SLZ Sultan Resources Ltd 0.005 -17% 28000 $1,388,819 DUN Dundasminerals 0.016 -16% 119855 $2,037,149 At Stockhead, we tell it like it is. While Broken Hill Mines and Peregrine Gold are Stockhead advertisers, they did not sponsor this article.

Sydney home sells for $550,000 over reserve as clearance rates hold strong
Sydney home sells for $550,000 over reserve as clearance rates hold strong

News.com.au

time26 minutes ago

  • News.com.au

Sydney home sells for $550,000 over reserve as clearance rates hold strong

Homeowners are being rewarded for scheduling auctions in the heart of winter as buyers compete for a dwindling supply of available properties. A Hills Shire home attracted what could have been the wildest result of the weekend, selling for $550,000 over its reserve price on Saturday. Auctioneer Stu Benson said about 200 people turned up to the auction at 21 Westminster Drive in Castle Hill, with a total of seven bidders placing 100 bids. Mr Benson said it was a hotly contested auction that went for 25 minutes. 'It was remarkable,' he said. 'There were people across the road, down the road –– it felt like somebody was having a festival. 'It's got a lot of us thinking about if it's an indication of the market picking up.' Mr Benson said the four-bedroom home attracted so many buyers thanks to its 'blue chip' location, close to shopping and public transport in a growing area. The final sales price was $3.45 million, over $1 million more than the Castle Hill median house sale price. He also said it was a 'wonderful result' for the vendor, a widow who built the family home almost forty years ago. The sale comes during an intriguing week for auctions in Sydney, with preliminary indicators showing about three quarters of scheduled auctions delivered a sales result. This clearance rate was about 10 per cent higher than over the same week last year. Auctioneers reported seeing a steady increase in buyer turnouts and confidence as we head into Spring. 'This is my fourth straight week with a clearance rate of 75 per cent here in the Hills Shire,' Mr Benson said. 'There certainly seems to be an air of confidence (in property) in the marketplace.' Also in the northwest, a Kellyville home sold for $2,600,500 this weekend –– a price $100,500 over the reserve. Auctioneer Michael Garofolo said their were 12 registered bidders with an eventual 72 bids on the day. Closer to the CBD, a local couple snapped up an apartment in their dream location for their kids at auction on Saturday. The auction at 3/276 Bridge Road, Forest Lodge saw four registered bidders, with all four being active. Buyer Sally Fryer told Ray White she and her husband wanted to secure something in the inner west area for their sons to help them get on the property ladder. 'We really wanted to purchase somewhere for the boys to live, which could also be a bolt hole for us in the inner west,' she said. Bidding opened at $975,000, with the hammer coming down on a winning bid of $1.088 million. Ray White Surry Hills agent Matt Carvalho said the property was an 1880s terrace which had been converted into apartments. He added that auction activity has begun to uptick through the winter in the inner west. 'Through winter the number of bidders has improved,' he said. 'Around Easter we were averaging about two to three bidders on most things but now we're averaging three to five. 'Most properties are meeting the reserves or surpassing them. 'I think there's still some uncertainty in the market, so I think people are enjoying the transparency and social proof of an auction.' Across Sydney overall, Ray White NSW and ACT head of auctions David McMahon said their bidder numbers were down marginally on the week prior. 'We averaged 3.4 registered and 2.6 active bidders this week, which is down from 5.3 and 3.3 last week,' he said. 'This shift in buyer behaviour is one to monitor and is perhaps a delayed response from the recent RBA decision to hold the cash rate at 3.85 per cent.' According to Scerri Auctions director Chris Scerri, auction sales are set to 'increase significantly' come Spring, with the prospect of future rate cuts adding to buyer confidence, auction turnouts and bids. 'As soon as there's talk of an interest-rate cut, (loan) applications and reapplications increase,' he said. 'That just gives more confidence which means increased buyer numbers.' 'At the moment our average buyer number is about 3.5 per auction, and then of those buyers about 50-60 per cent are actually bidding.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store