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Thursday, 26 February 2015

THE TRUE COST OF PENALTY RATE CHANGES REVEALED

The consequences of the Abbott Government's attack on penalty rates have been revealed, with workers in Castlemaine, Maldon and surrounding districts set to suffer.

As the Productivity Commission continues its review of penalty rates, the Andrews Labor Government has released new figures showing how many Victorian workers rely on penalty rates. They include:

• 374,000 employees who usually work Saturdays in their main job

• 213,000 employees who usually work Sundays in their main job

• 328,000 employees who usually work paid overtime in their job

• 157,000 employees who usually work between 7pm and 7am

 

Bendigo West Member of Parliament, Maree Edwards MP, said that a cut to penalty rates would mean local workers and their families will be worse off.

Ms Edwards said that while the Andrews Labor Government will always stand up for penalty rates, a Liberal Government won’t.

Case studies show that a Victorian machinery operator could lose up to $428 a week, an effective pay cut of 32.8 per cent, while a retail employee could lose up to $300 a week, a 24.5 per cent cut.

Scrapping penalty rates would hit public servants hard, and could cost an Ambulance Attendant up to $233 a week, an effective pay cut of 22.5 per cent.

The devastating impact any reduction/removal of penalty rates would have on workers and their families in Victoria will form part of the Labor Government's submission to the Productivity Commission.

The Victorian figures are based on national level data, adjusted for the state's share of workers. Figures of weekly pay loss are based on a 38 hour working week, including a Saturday, a Sunday and one night shift, in addition to three hours of overtime.

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