Falling wages and rising unemployment is 'wake up call'

THE nation's biggest business group says a 2.6% rise in wages in the past year, still below inflation, is evidence of the need for "workplace relations reform".

ABS data released today showed a 0.6% rise in wages in the June quarter, up from 2% in the March quarter, despite not reaching the 3% CPI rate.

The data also showed wages in the past year in each state were higher in the public sector than in private business, with Victoria and South Australian public servants the only ones, on average to get a pay rise above 3% in the past year.

It also follows last week's rise in the jobless rate to 6.4%, a figure that for those aged 15 to 29 years old rose to just over 14%.

The Australian Chamber of Commerce and Industry's chief operating officer John Osborn said the falling wages and rising unemployment was a "wake up call" to politicians.

He argued, that "excessive regulation" was still to blame for "holding back job creation", due to the costs of employing staff being "out of step" with productivity growth.

Topics:  australian chamber of commerce inflation reform unemployment workplace relations

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Snitz sizzles to win qualifier with ease

IN FULL FLIGHT: Brisbane jockey Robbie Fradd streaks clear to win the $150,000 NRRA Country Championships qualifier on board Snitz, trained by Matt Dunn, at Clarence River Jockey Club.

SHORT priced favourite sends everybody home happy.

Ballina Players brings popular military drama to the stage

ON STAGE: John Rado as Colonel Nathan Jessep and Dylan Wheeler as Lt Daniel Kaffee in the Ballina Players production of A Few Good Men.

Tickets are on sale for their new production of A Few Good Men

Triumph of dreams ... it all started with one bike

A CLASSIC: Meerschaum Vale's Col McAndrew with his Triumph 1956 Speed Twin which he will show at the Northern Rivers Classic Motorcycle Club's Show and Shine at Alstonville Plaza on March 18.

Col has six classic bikes; 100 expected at show

Local Partners