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Workers miss out on benefits of growth

Australia's recent economic growth was achieved on the back of inequality and work intensification, with economic risk shifted directly onto employees, according to secretary of the ACTU, Greg Combet.

News in brief, June 12, 2003

Consent deal struck in child care pay equity/work value case; Westpac head calls for business to work on boosting labour participation rate; and AMWU rubbishes AIG claims about today's metals stoppage.

4% increase at ANZ

ANZ will pay 12,000 of its Australian employees a 4% increase from July 11, plus performance bonuses.

CEOs don't deserve God-like status or pay, says critic

A new critique of business management blames soaring salaries for captains of industry on a "cult of the CEO" that wrongly assumes they can be the sole author of a company's fortunes.

News in brief, June 11, 2003

Court refuses injunction over refusal to employ former AMWU delegates; Government ends Ansett levy; and ANTA goes to Rio.

AIRC refuses to intervene in metals strike

A 24-hour stoppage across the Victorian metals manufacturing sector in support of the Campaign 2003 claim will proceed tomorrow, after the AIG failed in a last-minute bid in the AIRC today to halt it.

Tribunal damns laxity in addressing unhealthy culture

A senior NSW IRC member has upheld the State Attorney-General's Department's sacking of a senior employee for sexual harassment of a new recruit, but criticised it for failing to address a workplace culture that was pre-occupied with sex.


Blitz on bosses in NSW

IR inspectors intend to scrutinise time and wages records covering 300,000 workers at 27,000 workplaces in NSW during the next three years, after shifting from a passive complaints-based model to active regulation.