Report details Fair Work Impact
The number of Australian workers covered by enterprise agreements in the Federal workplace relations system has reached over 2.9 million, according to the latest Trends in Enterprise Bargaining Report for the September quarter.
"Having more working Australians involved in enterprise agreements helps deliver sustainable wages growth and improved productivity which supports both Australian workers and Australian business in staying competitive,” Minister for Workplace Relations Bill Shorten said.
The report also shows the Fair Work system is delivering variable but sustainable wage outcomes by industry, reflecting their different circumstances.
"The average annualised wage increase for all agreements approved in the September quarter 2012 stands at 3.6 per cent. Whilst this is down by 0.1 per cent on the previous quarter, wages growth varies across industries showing the flexibility of the Fair Work enterprise bargaining system,” Mr Shorten said.
"The latest report shows this Government’s workplace relations policies are working to deliver productive and sustainable outcomes for Australian organisations and their workforce.”
The September 2012 quarter Trends report is available at:
http://deewr.gov.au/WorkplaceRelations/Pages/Reports.aspx