Some of Australia’s lowest paid win massive increase
Fair Work Australia has ruled that community sector workers in Australia should receive between 19 and 41 per cent pay increases in a landmark decision. Last year the workplace tribunal found that workers in the community and disability sectors were underpaid compared to public service workers doing similar jobs. The decision means the highest paid in the sector will receive an annual $23,000 pay rise, taking their income to $83,000. The lowest paid will receive $6000 pay rises. The move will affect some 150,000 workers across Australia and be funded in a shared arrangement by the states and Federal Government, which has pledged $2 billion to the arrangement. But the changes will brought in over eight years instead of the lobbied for six. The decision has been hailed as a significant equal pay win as most of the community sector workers are women.
Australia’s richest person flexes her muscle
Gina Rinehart, whose wealth almost doubled in one day to just shy of $20 billion earlier this month, has made a move to increase her stake in media company Fairfax to 14 per cent. Ms Rinehart is the daughter of late mining magnate Lang Hancock and has worked to further his grip on iron ore prospects. A stockbroker acting on her behalf made an attempt last night to secure the 10 per cent stake which would cost her $192 million. But for a woman who is worth about 10 times as much as Fairfax itself, that’s small change. Ms Rinehart already owns a 10 per cent stake in the Ten Network. She is known as notoriously private but became vocal during mining tax protests, claiming heavy taxes would ruin the industry. A recent profile on Ms Rinehart noted her conservative views were inherited from her father and she has spoken out in the past about Fairfax being a too left-wing and biased. It is said that Ms Rinehart could conceivably become the richest person in the world in the near future as the potential for her mining prospects grow.
Top Comments
Oh! I very much agree with the AACTA Awards given!
The only films I haven't seen are The Eye Of The Storm and Griff The Invisible - which are now on the list! Thanks :)
"Ms Rinehart already owns a 10 per cent stake in the Ten Network. She is known as notoriously private but became vocal during mining tax protests, claiming heavy taxes would ruin the industry. A recent profile on Ms Rinehart noted her conservative views were inherited from her father and she has spoken out in the past about Fairfax being a too left-wing and biased."
haha - now why on Earth would she have any opposition to the mining tax??
Duhh!
How much of a say do these people have on the TV news? Is it getting as bad as America's Fox Network here??