Tag: Australian Industry Group

Australian Manufacturing Grows at Fastest Rate in 3 Decades Despite Massive Labour Shortages

June 30, 2021
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According to the nation’s peak industry group, Australia’s manufacturing sector delivered its highest monthly growth in almost 30 years. The Australian Industry Group’s (Ai Group) Australian Performance of Manufacturing Index (pdf) rose by 1.4 points to 63.2 points in June, which is the highest score since the Index began in 1992. “The 2020-21 financial year…

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Australia Increases Minimum Wage to $20.33 Per Hour

June 16, 2021
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Industry groups have criticised Australia’s minimum wage has increased to $20.33 (US$15.45) per hour, saying it was hard to fathom the move given there were still businesses struggling from the COVID recession. The Fair Work Commission announced the 2.5 percent increase, which equals 49 cents per hour or $18.80 per week—to the minimum wage on Wednesday….

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