Latest news with #DanJervis-Bardy
The Guardian
01-04-2025
- Business
- The Guardian
Australia election 2025 live: Labor argues for real wage increase at annual review; Greens propose to double nature spend
Show key events only Please turn on JavaScript to use this feature Dan Jervis-Bardy Anthony Albanese will urge the fair work umpire to deliver an 'economically sustainable' real wage increase for 2.9m low-paid workers. Shifting its election campaign focus from health to wages, Labor will on Wednesday release its submission to the Fair Work Commission's latest annual wages review. The Albanese government has used previous reviews to call for wages for workers on the minimum wage and award to keep up with inflation, aligning with Labor's message that pay packets shouldn't go backwards amid soaring prices. The commission last year announced a 3.75% increase to the award and the minimum wage, taking it to $24.10 per hour or $915.90 per week. That increase was roughly in line with the inflation rate at the time. In its submission to this year's review, Labor has recommended 'an economically sustainable' increase to real wages - in other words, a pay rise above inflation. It said the increase should account for inflation - currently sitting at 2.4% - returning 'sustainably' to the Reserve Bank's target band this year. The submission read: An increase in minimum and award wages should be consistent with inflation returning sustainably to the target band this year, while providing further relief to lower income workers who continue to face cost of living pressures. Labor submits that this outcome is both fair and economically responsible. Share Good morning and welcome to our live news blog. I'm Martin Farrer with the top overnight stories and then it'll be Krishani Dhanji with the main action. Our top story this morning focuses on the world of online campaigning and its rules. Our reporters have discovered that Chinese-language influencers who mostly post lifestyle content are interviewing Australian election candidates on the social media app Rednote, allowing politicians to bypass an apparent 'shadow ban' on campaigning by the app and reach a disengaged but vital audience. Labor will kick off day six of its campaign by focusing on low pay, with Anthony Albanese urging the fair work umpire this morning to deliver an 'economically sustainable' real wage increase for 2.9 million low-paid workers. In its submission to the Fair Work Commission's latest annual wages review, the Labor party will call for 'an economically sustainable' increase to real wages. It's good timing that there'll be a big discussion about living standards, because our economics editor has been looking at the big question in the federal election: whether or not voters feel better off now compared with three years ago. Patrick Commins says the numbers show we have less disposable income, but the bigger picture is that we've been flatlining for a decade – Covid era excepted – with neither party talking about how that might change. More coming up. And the Greens are calling for more of the budget to be set aside for nature. We'll have more details on their proposal soon. Share
The Guardian
29-03-2025
- Business
- The Guardian
Australia election 2025 live updates: Albanese back in Canberra after Labor pledges crackdown on supermarket price-gouging
Show key events only Please turn on JavaScript to use this feature Dan Jervis-Bardy PM isn't going far on third day of the campaign Anthony Albanese will start day three of the federal election campaign where it all started - in Canberra. After flying visits on Saturday to the Queensland seats of Dickson and Hinkler and Eden-Monaro in NSW, the prime minister will begin Sunday with an interview with David Speers on ABC's Insiders program at 9am. Among other topics, we can expect Albanese to be asked about Labor's first big policy pledge of the campaign - a commitment to outlaw supermarket price gouging. Share And welcome to another Sunday Guardian live blog. Anthony Albanese is beginning the third day of his campaign at the beginning: in Canberra. Peter Dutton's plane is reportedly in the air but where the opposition leader will land is currently unknown. A returned Labor government has pledged to crack down on price gouging by supermarkets by outlawing the practice. The first major policy announcement of the campaign will involve the establishment of a taskforce to advise on creating an 'excessive pricing regime' for supermarkets to be enforced by the ACCC. I'm Royce Kurmelovs and I'll be taking the blog through the day. With that, let's get started ... Share
