Australia's Current Industrial Relations Framework (HSC SSCE Economics): Flashcards

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Australia's Current Industrial Relations Framework
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Act providing legal foundation for Aus employment relations

Fair Work Act 2009

3 main pathways for wage determination

Awards, collective agreements, individual contracts

Central regulatory body overseeing industrial relations

Fair Work Commission

Number of guaranteed conditions in NES

10 employment conditions

Max weekly hours for full-time workers (NES)

38 hours + reasonable additional hours

Number of different industrial awards in Australia

Approximately 122

% of employees covered by enterprise agreements

38% (37.9%)

Test for enterprise agreement approval

Better Off Overall Test (BOOT)

% of workforce using common law contracts

37% (37.3%)

High-income threshold exempting award requirements

$148,700 annual remuneration

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