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RBA Glossary definition for FWC

FWC – Fair Work Commission

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Glossary

2 May 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

The Effect of Minimum Wage Increases on Wages, Hours Worked and Job Loss

1 May 2018 RDP 2018-06
James Bishop
The size of these adjustments is decided at a national level by the FWC. ... FWC (Fair Work Commission) (2017), ‘Decision – Annual Wage Review 2016–17’, [2017] FWCFB 3500.
https://www.rba.gov.au/publications/rdp/2018/2018-06/full.html
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The Effect of Minimum Wage Increases on Wages, Hours Worked and Job Loss

14 May 2018 RDP PDF 1215KB
Leigh 2007). However, the large share of employees influenced by FWC decisions also reflects. ... 2008 to 2013, they studied employment transitions around FWC decisions using a difference-in-.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-06.pdf

Inflation

4 Nov 2022 SMP – November 2022
the award wage increases of 4.6–5.2 per cent announced by the FWC in June. ... However, some of these households will have their real income supported by the FWC award wage decision and the indexation of social security payments to inflation.
https://www.rba.gov.au/publications/smp/2022/nov/inflation.html

RBAFOI-222312 - Documents for Release

11 Oct 2022 PDF 1298KB
w: www.rba.gov.au . D22/169804 GENERAL 1. IMPLICATIONS OF THE FWC DECISION: INSIGHTS FROM MICRODATA1. ... The share of the wage bill directly affected by the FWC decision is around 15 per cent.
https://www.rba.gov.au/information/foi/disclosure-log/pdf/222312.pdf

Box C: Minimum Wage Decision

10 Aug 2017 SMP – August 2017
The FWC also noted that the larger increase in award wages would support the relative living standards of low-paid workers. ... Furthermore, the FWC has strengthened its view that ‘modest and regular’ award wage increases do not reduce the number of
https://www.rba.gov.au/publications/smp/2017/aug/box-c-minimum-wage-decision.html

Inflation

10 Feb 2023 SMP – February 2023
The recent strengthening in wages outcomes reflects the tight labour market, as well as high inflation and the pass-through of the Fair Work Commission (FWC) decision in June on minimum ... 18). This was the highest rate of year-ended wages growth since
https://www.rba.gov.au/publications/smp/2023/feb/inflation.html

Box C: Minimum Wage Decision

10 Feb 2020 SMP - August 2017 PDF 703KB
https://www.rba.gov.au/publications/smp/2017/aug/pdf/box-c-minimum-wage-decision.pdf

Inflation

8 May 2020 SMP – May 2020
Similar provisions have also been inserted into some modern awards by the Fair Work Commission (FWC). ... A key input to the FWC's deliberations is the evidence on the effects of minimum wages on employment.
https://www.rba.gov.au/publications/smp/2020/may/inflation.html

Inflation

3 Nov 2022 SMP - November 2022 PDF 1744KB
https://www.rba.gov.au/publications/smp/2022/nov/pdf/04-inflation.pdf