||Issue No. 334||24 November 2006|
It’s Who The Economy Works For, Stupid
Interview: Common Ground
Industrial: A Low Act
Unions: The Number of the Least
Politics: The Smoking Gun
Economics: Microcredit, Compulsory Superannuation and Inequality
Environment: Low Voltage
History: The Art of Social Justice
Review: Work’s Unhealthy Appetite
Culture: A Forgotten Poet
Wages Heading South Under WorkChoices
The research by ACTU President Sharan Burrow, shows NSW workers have experienced the biggest fall in real wages for full time workers of all the States.
The data backs separate government statistics released earlier this week showing average annualised wage increases (AAWIs) have experienced downward pressure across the board in the September quarter .
Burrow's says the new IR laws are bringing down living standards for many working Australians and the potential emergence in Australia of a US-style two-tiered society with high levels of inequality and poverty.
"While the economic boom means corporate profits are at an all time high, there is a growing class of people in Australia that are being left behind," Burrow says.
"Our latest research shows that the Howard Government's unfair IR laws are a contributing factor.
Average real wages for full time workers throughout Australia are failing to keep pace with inflation for the first time since the introduction of the GST.
Recent data also shows that workers in the hospitality and retail industries are being hardest hit.
Meanwhile, according to DEWR Current private sector wage agreements saw AAWIs decline to 3.8% in Sept from 3.9% in June. Current public sector wage agreements also saw AAWIs decline from 4.3% in June to 4.2% in Sept.
Wage agreements certified in the Sept quarter saw larger declines in AAWIs, with all sectors reporting AAWIs of 3.7% in Sept compared to 4.3% in June; private sector agreements reporting AAWIs of 3.2% in Sept compared to 4.0% in June; and public sector agreements reporting AAWIs of 4.4% in Sept compared to 4.6% in June.
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