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Latest issues for Australian Employers
Annual National Wage Review
Effective 1-July-2011, minimum wage rates will increase by $19.40 per week - equal to 3.4% for the lowest paid workers - to $589.30 per week, or $15.51 per hour. Further information here.
Paid Parental Leave Scheme: from 1st January 2011, employees are entitled to apply for payment for up to 18 weeks at the minimum wage (currently $569.90 gross per week and $589.30 from July), from the Federal Government. Further information here.
September 2011 National Inflation
|
Headline CPI |
Core CPI Reserve Bank Data |
|
3.5% for year (Qtr +0.6%) |
2.3% for year (Qtr +0.3%) |
See charts for the CPI and other statistics at this link ABC News Chart
September 2011 Unemployment Statistics
National 5.2% (-0.1%)
WA 4.3% NSW 5.5% VIC 5.3%
March 2011 Wage Index (Excludes bonuses)
LPI (Sept-10) Labour Price Index Priv Sector +3.0% (-0.5%)
WPI Wage Price Index Private Sector +4.0% (+0.9%)
February 2011 Average Earnings
Average annual earnings, without bonuses, for adults are:
WA $75,592 NSW $68,187 QLD $65,686 VIC $64,340
Manufacturing $60,148 Mining $109,143
National Adult +3.6% (1.1%) $1,291.30 per week or $67,148 per year.
March 2011 National Pay Trends
New Agreements Private Sector +3.8%
Manufacturing +3.7% (-0.3%) Mining +3.8% (-0.5%)
