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Federal Enterprise Bargaining for September 2010 Quarter Reaches Record Levels

Australia (News4us.com) March 22, 2011

Federal Enterprise Bargaining for September 2010 Quarter Reaches Record Levels

Federal Enterprise Bargaining for September 2010 Quarter Reaches Record Levels

The latest report on federal enterprise bargaining under the Fair Work Act 2009 shows that agreement making has reached record levels.

The Trends in Federal Enterprise Bargaining report for the September 2010 quarter, released today, shows the number of current enterprise agreements had grown to 24, 745 covering more than 2.3 million Australian employees.

Minister for Workplace Relations, Senator Chris Evans said the figures showed that agreement making under the modern workplace relations system is working well.

“This is the largest ever number of enterprise agreements at any one time, which clearly reflects that the federal workplace relations system of agreement making is meeting its objective to balance the needs of employees and employers without taking away basic rights and guaranteed minimum standards,” he said.

The report also shows that there was a record 24,119 current agreements in the private sector covering almost 1.8 million private sector employees, with the Construction, Manufacturing and Retail industries accounting for more than half of the current agreements.

The September quarter delivered an average annual wage increase of 4.2 per cent to Australian employees under new agreements. This is a slight increase from 4.0 per cent in the June 2010 quarter. In the public sector there was an increase of 4.7 per cent and 4.1 per cent in the private sector.

Average wage increases across all industries current agreements have been within the range of 4.0 per cent to 4.2 per cent for more than three years.

“Wages growth has remained contained, reflecting the gradual strengthening of the Australian economy following the Global Financial Crisis,” Senator Evans said.

“What we are seeing now is wage increases simply returning to where they were prior to the GFC.

“It is important to note the September quarter wages growth for the Public Sector is contained within the normal range which, over the past three years has varied between 3.6 per cent and 4.8 per cent.

“Overwhelmingly employers and employees are getting on with the business of bargaining under the Fair Work Act. More than 6,000 new agreements covering over 700,000 employees have been made over the year to the end of September.”

The report will be available from 2.30 pm at http://www.deewr.gov.au/WorkplaceRelations/Pages/Reports.aspx.


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