Search: FWC

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RBA Glossary definition for FWC

FWC – Fair Work Commission

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Inflation

10 Nov 2023 SMP – November 2023
Inflation | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/inflation.html

Inflation

5 May 2023 SMP – May 2023
Inflation | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/inflation.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

Inflation

4 Aug 2023 SMP – August 2023
Inflation | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/inflation.html

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

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

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 Aug 2018 SMP – August 2018
Graph 4.12. The Fair Work Commission (FWC) determined that there would be a 3.5 per cent increase in the national minimum wage from 1 July 2018 in its annual ... Other employees are likely to be indirectly affected by the FWC decision because wage
https://www.rba.gov.au/publications/smp/2018/aug/inflation.html

Inflation

6 Aug 2021 SMP – August 2021
Growth was also supported by award wage increases in a range of industries, after these had been delayed from July 2020 to February 2021 by the Fair Work Commission (FWC). ... Graph 4.15. In June, the FWC determined an increase of 2.5 per cent in the
https://www.rba.gov.au/publications/smp/2021/aug/inflation.html

Inflation

8 Nov 2019 SMP – November 2019
This was due to a number of large retail EBAs that had expired and were either being renegotiated or awaiting Fair Work Commission (FWC) approval. ... Some new EBAs have been approved by the FWC over the past year, so retail wages growth should pick up a
https://www.rba.gov.au/publications/smp/2019/nov/inflation.html