Wages

With its mounting industrial relations conflict, Qantas (ASX:QAN) chief Alan Joyce has accused key unions of undermining management and attacking the airline brand. He also added that the unions are making ''ridiculous'' wage claims.

The Australian Fair Pay Commission have decided not to change the present minimum wage for 1.3 million low paid Australian workers keeping the minimum wage at $543.78 a week or $14.31 per hour. The commission defended its decision saying that the wage freeze will ensure job security and will play a key role in the employment recovery when the economy will start to recover.