2021-22 Annual Wage Review | Reply Submission
As ACCI stressed throughout our initial submission:
a. Businesses face continuing and new adversities, with these being felt more severely in sectors with a high proportion of award-reliant employees that are most affected by minimum and award wage increases arising from this review.
b. There are multiple areas of risk and uncertainty, both present and emerging, domestic and geopolitical that are imperative in determining this review.
c. While aggregate national macroeconomic indicators are generally positive, showing the resilience of the Australian economy, there is a wide diversity of experiences between industry sectors and workplaces, and between employees.