ACTU wage claim would put jobs at risk: Ridout


The ACTU is “getting ahead of itself” with its minimum wage claim and in doing so putting at risk the jobs of the very people it is trying to help, Australian Industry Group chief executive Heather Ridout said.

"The recovery is patchy and as yet not sufficient to make up the ground lost during the downturn, Mrs Ridout said.

"The unemployment rate remains high (7.6 per cent) with 872,600 people looking to work more.  Profitability across large sectors of the economy is weak while the future is far from certain.

"The idea of a minimum wage catch up is fanciful given the experience of the past 12 months, and being too ambitious about wages during the next 12 months would be a bad idea.

"There are a number of issues complicating this particular case, including the cost increases imposed on employers through award modernisation, and these should all be taken into account in getting the increase right.

Mrs Ridout said the AiG would soon make a detailed submission regarding future wage claims.

Related news & editorials

  1. Bonfiglioli’s extensive range of quality products are designed to meet the needs of the maritime industry.
    by      In , In
    As an island continent, Australians are well aware of the need for a robust and efficient maritime sector.
    Indeed, the maritime industry equates to an estimated annual global revenue of $6.88 billion and around $2.32 billion of this belongs to our local economy, according to the Australian Industry... Read More
  2. 04.02.2021
    by      In
    As the global aerospace industry evolves, new challenges emerge.
    Production delays, manufacturing materials shortages and even counterfeit parts, can keep your fleet grounded.
    Aerospace OEMs and their supply chains demand manufacturing partnerships with the highest levels of precision, quality... Read More
  3. 21.01.2021
    by      In
    The roller chain drives lurking in warehouses and factories across the country are outdated.
    They require regular lubrication and retensioning and even then they corrode over time. Now there’s a better way.
    Design for high torques and high performance, even with heavy loads the Delta chain carbon... Read More
  4. 21.01.2021
    by      In
    Reliable and accurate measurement of linear displacement has been a long standing challenge in harsh environments such as machine tools and injection moulding machines.
    But a new range of sensors has risen to the challenge.
    TURCK’s newest generation of contactless linear position sensors make high... Read More