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Super Retail Group Agreement

Josh Cullinan, a spokesman for the Retail and Fast Food Workers Union, said retailers would optimize working boards to reduce penalties rather than reduce the number of employees. Retailers whose employees fall below the general retail price, such as JB Hi-Fi and Harvey Norman, are also facing rising labour costs, with the premium expected to rise by more than 3% in 2019, after rising 3.5 percent in 2018 and 3.3% in 2017. “It`s not just a bad result for retail employees, it`s a bad result for the company, with the reserve bank identifying historic low-wage growth as the No.1 problem in the Australian economy.” The CBF`s relationship with the Super Retail Group extends to partnership with the company through the unique business bargaining process, which includes significant employee representation and two major unions. Super Retail Group`s 2015 enterprise agreement has resulted in significant structural changes and productivity improvements. We worked with the company at all stages of the process, including the first strategy, negotiations, technical advice and assistance and cooperation with the Fair Work Commission. Kmart and Big W are awaiting approval from the Fair Work Commission for new agreements that will restore all penalty interest, occasional charge and other conditions that have been removed from previous agreements and maintain base rates for existing staff. Registered contracts apply until they are terminated or replaced. JPMorgan analyst Shaun Cousins said productivity programs and operational efficiency would help retailers manage higher wage costs. It is this commitment that has made us the leader in the automotive, sports and leisure products business in Australia and New Zealand. Our Brisbane-based network spans 670 retail outlets and more than 12,000 team members in Australia, New Zealand and China. Today, the Super Retail Group is one of Australasian`s largest retailers and is home to iconic brands such as BCF Boating Camping Fishing, Macpac, Rebel and Supercheap Auto, with annual sales of more than $2.5 billion.

Retailers such as Woolworths, Coles, Bunnings, Big W, Kmart, Super Retail Group and Noni B are facing much higher pay bills after new business agreements were signed that would restore weekend and evening penalties and casual fees that were traded for higher base rates in the past. If a job has a registered contract, the premium does not apply. However, analysts say retailers are nervous about possible wage inflation under a Labor government because they fear it could lead to higher annual wage growth than would otherwise be the case. Michael Schneider, managing director of Bunnings, said the retailer had always paid well above the premium to win, maintain and reward the best team.