The recent Fair Work Commission (FWC) decision to cut penalty rates for weekends and public holidays will deliver a windfall to big retail and hospitality bosses, while slashing the wages of about 700,000 low-paid workers.
Figures released by the ACTU put the average worker in accommodation and food services on only $524 a week and those in retail on just $687. Contrast this with the average pay of $1163 for all Australian workers and you can see just how draconian FWC鈥檚 decision is.