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Employers warn Labor’s push to lock in penalty rates is bad for business – but it’s not that simple

  • Written by: Chris F. Wright, Professor of Work and Labour Market Policy, University of Sydney
Employers warn Labor’s push to lock in penalty rates is bad for business – but it’s not that simpleRon Lach/Pexels, CC BY

The Albanese government is pushing ahead with new legislation to protect penalty rates and overtime for about 2.6 million workers under the award system. Those workers are more likely to be female, younger and work casual or part-time.

Penalty rates are higher rates of pay to compensate for working overtime or at unsociable...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...