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The plan of the labor community to solve stagnant wages



The Labor Party today confirmed that it wants to reform our major wage tribunal that it can not bring significant gains to low-wage workers.

The opposition party will submit an example of a national wage case that affects millions of workers in the Fair Work Commission panel.

This submission does not include an upward momentum. The Labor Party has not proposed an amount since it began submitting in 2015.

ACTU wants $ 43 more per week.

However, the Labor Party document contradicts that the minimum wage setting system is broken because of the law binding the FWC.

It will also underscore the strategy of making the wage increase to Labor Prime Minister Scott Morrison's election campaign weapon.

"The opposition recognizes that the panel is constrained by current legislation, but it is not convinced that the ability to provide paid workers and the wage growth rates that our economy demands is no longer in this provision.

Labor minister Bill Shorten today issued a separate statement that low-wage work affects the economy as a whole.

"Millions of Australian wage workers are hurting everyone when they are suffering from a wage slump," he said.

"When 60% of Australia's economy is consumption, wage stagnation hurts economic growth and confidence."

The Labor Party has so far proposed only small steps to resume wage increases.

I want to return my fines, protect workers from labor-force companies that charge substandard fees, and prevent the abuse of subcontractors again.

The government contends that rising wages that do not fit into better economic conditions will lose jobs.

But Shorten told reporters yesterday: "Over the past few years, corporate profits have grown 45 percent in corporate profits since 2016. Over the period, wages have increased by 8 percent over the last four years ? "

"The opposition has concluded that in the annual wage review panel in 2016-17, the panel can not achieve the goal under current law," he said. "This bill reinforced the legislature's allegation of change." You can not determine the increase.

Doing so will prioritize relative living standards and will require lower compensation than other considerations.

"However, the panel recognized the need to periodically evaluate the mid- to long-term results of consecutive review decisions and recognized the immediate and cumulative impact of these decisions."

It argues that many Australians were denied a fair day's wages.

"This is due to years of wage slump, bargain collapse, uneasy labor and exploitation, and a minimum wage that is trapped by the poor, rather than working hard and working hard."


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