Business
ACTU Disappointed Over Wage Increase
The Australian Council of Trade Unions said it is disappointed with the wage increase, which was raised to only 2.9 percent. According to ACTU secretary Dave Oliver, the decision would further deepen the growing inequality between with the haves and the have-nots.
ACTU has clamored for a $26 weekly increase. Fair Work Australia, however, granted only a $17.10 hike for the lowest-paid Aussie workers.
Oliver said ACTU is deeply concerned over the widening gap between the rich and the working poor in Australia. He said low-paid workers should consider joining trade unions to let their voices be heard and to have better representation.
Joining trade unions would also allow them to have a better chance of fighting for higher and better collective bargaining agreements with their companies.
An increase of $17.10 would not be enough to cover the rising costs of living for many low-paid workers. The hike would be reduced to a mere $14 after taxes and many low-income workers wonder if this would be enough.
United Voice also aired its sentiments, saying the wage decision does not have much impact for millions of low-income earners in the country. Sue Lines, United Voice’s assistant national secretary, said the hike barely covers anything because of inflation.
Prime Minister Julia Gillard, however, lauded the wage increase, saying it would help the countries low-income earners. She said she believes the wage increase would allow low-paid workers to do better in life.
The Prime Minister added that the government continues to look for measures to ease cost of living for Aussies.
