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How the wage price index update will impact Australian business

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The recent increase in Australia’s Wage Price Index provides some relief for employees, but many still feel the financial strain due to high inflation and interest rates.

The Australian Bureau of Statistics (ABS) announced an increase in the Wage Price Index (WPI), and it is impacting businesses in unexpected ways.

In response to these challenges, employers are exploring alternative ways to support their staff beyond salary adjustments.

One notable trend is the significant shift towards integrating non-monetary benefits into remuneration packages.

For instance, an increasing number of companies are providing grocery vouchers as a part of their employee benefits.

This development comes at a critical time, as many Australians grapple with the ongoing cost of living crisis heightened by high inflation and rising interest rates.

Kylie Green, Managing Director – APAC of Reward Gateway, joins to share her full insights on this development. #featured

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Leaders

Experts provide strategies to drive equity forward in education

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How can we ensure inclusivity, diversity and equity in schools and society?

Education has come such a long way. Join Greg Campitelli for this in-depth program about the future of the education industry.

Beyond Education, together with Enquiry Tracker.

In this episode, Greg is joined by Sheetal Deo from Diversity Council Australia. #beyond education

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Harris takes aim at Trump, links him to Project 2025

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Kamala Harris, in her inaugural presidential campaign rally, launched a scathing critique linking former President Donald Trump to Project 2025.

As Kamala Harris kicks off her campaign for the Presidential election, she’s taken aim at Donald Trump and the so called Project 2025.

The Vice President told a crowd in Indianapolis that Project 2025 aims to “take us backward.” #featured #trending

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Netanyahu calls for support and sketches outline for post-war Gaza

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Israeli Prime Minister Benjamin Netanyahu addresses Congress, delivering a passionate speech urging American leaders to send weapons faster to Israel so he can end the war.

Netanyahu explained the urgency of countering Iran, portraying it as a grave threat not only to Israel but to global security.

He criticised ongoing negotiations and called on the United States to hand over weapons faster, so he could end the war in Gaza.

Ticker’s Ahron Young covers the latest. #featured #trending

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