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Historic pay rise for Australian workers

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AUD/USD Could Set Year Low If Market Wrong on RBA Rate Hike

The AUD/USD set a new year-to-date low near 0.6460 overnight before recovering a tad, and Commonwealth Bank of Australia thinks that level could be breached if market bets on another RBA rate hike prove to be wrong.

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Currency: Westpac expects the $A to stabilise around US65¢

The Aussie has skidded 1.6 per cent in May as concerns about the economic outlook, particularly in China, weighs on sentiment.

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Public sector wages grew 3 per cent in a year, the fastest in 10 years | The Canberra Times

ACT workers score the largest pay increases in the country.

Paul bloxhamPhilip loweAngus taylorPaula gadsbyTony burkeSitthixay ditthavongJim chalmerJim chalmersNational press clubFair work commission annual wageAustralian bureau of statisticsPublic sector unionAustralian public service commissionAustralian bureauTreasurer jim chalmerEmployment minister tony burke

Public sector wages grew 3 per cent in a year, the fastest in 10 years | The Canberra Times

ACT workers score the largest pay increases in the country.

Jim chalmersPaul bloxhamPhilip loweTony burkeAngus taylorPaula gadsbySitthixay ditthavongJim chalmerNational press clubAustralian bureau of statisticsFair work commission annual wageAustralian public service commissionPublic sector unionAustralian bureauTreasurer jim chalmerEmployment minister tony burke

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