Today’s jobs data ramps up the urgent need for a rates cut when the Reserve Bank of Australia meets next month.
The ACTU warns that the current push by Coalition members to cut superannuation will cost the average 30-year-old worker around $165,000 in retirement income.
Today’s inflation figures offer further signs of a clear pathway for the Reserve Bank of Australia to start cutting official interest rates at its first policy meeting in February.
Employers can face jail time or fines of up to $7.85 million under new laws criminalising wage theft that come into operation today, after a long union campaign. More than one million Australian ...