Search: FWC

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RBA Glossary definition for FWC

FWC – Fair Work Commission

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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

5 Aug 2022 SMP – August 2022
Graph 4.17. Graph 4.18. In June, the FWC determined an increase of 5.2 per cent in the national minimum wage. ... upon. However, some of these households will have their real income supported by the FWC decision and by increases in employment.
https://www.rba.gov.au/publications/smp/2022/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

Underemployment in the Australian Labour Market

17 Jun 2021 Bulletin – June 2021
Mark Chambers, Blair Chapman and Eleanor Rogerson
Underemployment in Australia has been moving higher for several decades.
https://www.rba.gov.au/publications/bulletin/2021/jun/underemployment-in-the-australian-labour-market.html

Inflation

5 Nov 2020 SMP – November 2020
Some planned wage increases have been deferred or reduced, including as a result of decisions by the Fair Work Commission (FWC) and some government employers. ... Graph 5.16. The FWC awarded a 1.75 per cent increase to award wages this year.
https://www.rba.gov.au/publications/smp/2020/nov/inflation.html

Inflation

7 Aug 2020 SMP – August 2020
Graph 5.15. The Fair Work Commission (FWC) determined that the National Minimum Wage and all award wages will increase by 1.75 per cent, which is lower than the outcomes ... The FWC decision directly affects around 13 per cent of the wage bill, while
https://www.rba.gov.au/publications/smp/2020/aug/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

Inflation

6 Feb 2020 SMP – February 2020
FWC). This directly affects wages growth for around 20 per cent of employees who are on an award wage. ... There has also been an increase in recent years in the number of wages outcomes in EBAs that are in some way linked to the FWC decision.
https://www.rba.gov.au/publications/smp/2020/feb/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

Wages Growth by Pay-setting Method

20 Jun 2019 Bulletin – June 2019
James Bishop and Natasha Cassidy
Using job-level micro data, we show that the dynamics of wages growth differ across pay-setting methods.
https://www.rba.gov.au/publications/bulletin/2019/jun/wages-growth-by-pay-setting-method.html