In news that’s sure to please Scott Morrison and Scott Morrison alone, the Prime Minister is set to receive an $11,000 pay rise that, coincidentally, comes into effect on the same day ordinary workers nationwide cop yet another cut to their penalty rates.
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The Independent Remuneration Tribunal confirmed a 2% pay rise for all Federal MPs late yesterday that is set to take effect on July 1st with the new financial year.
For backbenchers and senators, this means their existing base salary of $207,100 will rise by just over $4,000 per annum. But for Morrison, it’s a much larger windfall.
The PM’s current base salary sits at $538,460. A 2% pay rise on that means his pay will go up by $10,769, putting him at $549,229 per year from July onwards.
Very coincidentally, July 1st also marks the day further cuts to penalty rates come into effect, meaning while the Prime Minister enjoys a hefty – but for him, negligible – rise in pay, tens of thousands of works will be suddenly worse off on the same day.
From July 1st, Sunday penalty rates for full and part-time retail works will fall from 180% loading down to 165%, while casual workers see a drop from 185% pay rates down to 175%.
Fast Food workers on Level 1 award wages will be stung even harder, with full and part-time workers’ Sunday rates going from 135% to 125%, and casual workers dropping from 160% to 150%.
That’s not the only windfall Morrison will score while in the Prime Minister’s office either; if, by some miracle, he manages to grimly hold onto his job until 2024 he’ll receive an $11,000 cut in taxes.
The Morrison Government’s plan stipulates an $11,000 tax cut will be extended to anyone earning over $200,000 from 2024 onwards. People earning $41,000 will, in the same year, see a tax cut of just $680.
Australia. You give a go to get a go, or whatever the fuck.
