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Wage theft is costing the Queensland economy $2.5 billion every year

Wage theft is costing the Queensland economy $2.5 billion every year

An inquiry has revealed businesses in high-density precincts such as the Fortitude Valley may be underpaying workers in order to stay competitive.

  • by Felicity Caldwell

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Australia annual wage growth the highest in three years
Minimum wage

Australia annual wage growth the highest in three years

Hourly pay rates across Australia rose 0.6 per cent in September quarter and have now increased 2.3 per cent over the past 12 months for the highest annual growth rate in three years.

  • by Alex Druce
'It sucks': Ashley forced to beg clients to pay money owed
Managing

'It sucks': Ashley forced to beg clients to pay money owed

Ashley spends hours chasing clients who refuse to pay for his work. He's not alone.

  • by Emma Koehn
ANZ chief gets $950k pay cut as royal commission hits execs
ANZ Bank

ANZ chief gets $950k pay cut as royal commission hits execs

ANZ Bank chief executive Shayne Elliott's pay has fallen by almost $1 million since 2017, the bank's annual report said.

  • by Clancy Yeates
Queensland union membership on the rise
Jobs

Queensland union membership on the rise

More than 11,000 workers joined unions associated with the Queensland Council of Unions last year.

  • by Felicity Caldwell
It's raining bonuses at RFG after horror for investors, franchisees
Pay

It's raining bonuses at RFG after horror for investors, franchisees

In a year when shareholders lost $800 million on their investments due to its performance, accounting and governance issues, RFG still managed to reward its top brass.

  • by Sarah Danckert
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New junior Woolies staff take pay hit under deal
Woolworths

New junior Woolies staff take pay hit under deal

New junior employees who start work at Woolworths supermarkets will be paid base rates that are $1.15 less per hour than those for existing employees under a new wages agreement.

  • by Anna Patty
Thousands attend ACTU rally in Melbourne and Sydney to fight against low pay
Pay

Thousands attend ACTU rally in Melbourne and Sydney to fight against low pay

Up to 150,000 are expected to rally in Melbourne and thousands more in Sydney today as part of the ACTU campaign to improve work rights, pay and job security.

  • by Anna Patty
'Out of whack': Investors fight back over CEO pay cheques

'Out of whack': Investors fight back over CEO pay cheques

As shareholders revolted over renumeration this week, senior business people acknowledge all is not right with how executives are paid.

  • by Clancy Yeates
Shareholders' fury more about money than naughty behaviour
Opinion
Opinion

Shareholders' fury more about money than naughty behaviour

The billions that shareholders will need to foot the bills is what they are upset about they want executives to have their own hip pockets punished.

  • by Elizabeth Knight
Why Australia's wages are stuck in a rut
Updated

Why Australia's wages are stuck in a rut

Australia's wage growth has been stuck at historic lows at or below the rising cost of living, and the RBA has some theories why.

  • by Eryk Bagshaw & Anna Patty