| Fair Pay Commission |
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Information AboutFair Pay Commission |
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The Fair Pay Commission (FPC) is a legislative body that decides the minimum rate of pay for Australia n workers. Established in 2006 to replace the Industrial Relations Commission (IRC) by the Australian Liberal Party Government, the FPC will set and periodically adjust a single adult minimum wage, non-adult minimum wages (such as training wage), minimum wages for award classification levels and casual loadings. The current minimum hourly rate is A$12.60. Currently Australia has a comparitively high minimum wage being 59% of the median wage, compared to 43% in Britain and 32% in the USA . # BRW: Review Weekly August 11-17 2005 will guide his decision making process regarding wage setting. {Link without Title} AUSTRALIAN TRADE UNION REACTION Australian trade unions view the FRC as a Neo-conservative business-friendly organisation that threatens the basic rights, pay and entitlements of Australian workers, further, the FPC will benefit business at the expense of workers. Unions view the IRC as independent and wsih to keep it as the minimum wage setting body. ACTU's Greg Combet expressed his concern about Prof Harper ability, "It looks like it's 20-odd years since he's published something on labour economics" {Link without Title} SEE ALSO
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