SA Retail penalty rates slashed

Weekend penalty rates are set to be slashed in South Australia in a new deal between Australia’s shop workers union and South Australia’s major business body to slash weekend and public holiday penalty rates for the state’s retail sector.

The template agreement between Business SA and the Shop, Distributive & Allied Employees’ Association allows for the reduction of sunday penalty rates from 100 per cent to 50 per cent loading, whilst public holiday rates will be slashed from 150 per cent to 100 per cent. This is accompanied by a three per cent annual pay rise for workers, as well as the right to refuse to work on weekends, or receive every second weekend off if a part-time worker. A statement from Business SA this morning says the deal is totally voluntary for employers and employees.

Federal Industry Minister Ian Macfarlane says he supports the deal, though he has not yet seen details, citing the retail sector’s need to be able to reasonably and affordably compete with 24/7 online shopping.