Business

Australia Announces Upward Review of Minimum Wage

Published

8 months ago

July 9, 2024

Australia’s Fair Work Commission has implemented a new minimum wage of $915.90 per week, effective from July 1, 2024, marking a 3.75% increase in the National Minimum Wage. This adjustment raises the hourly rate to $24.10, aimed at bolstering compensation amidst economic shifts and inflationary pressures.

The annual wage review ensures fair remuneration for Australia’s lowest-paid workers, establishing a baseline pay rate under the Fair Work Act 2009. This increase not only supports local workers but also enhances attractiveness for international work visa applicants, aligning with Australia’s visa sponsorship requirements.

Employers across various sectors, including retail, hospitality, cleaning, and social care, must comply with these updated wage standards to maintain fair employment practices and facilitate skilled overseas worker sponsorships. The adjustment is pivotal for occupations governed by Modern Awards, which stipulate industry-specific minimum pay rates and conditions.

“By elevating wage standards, Australia strengthens its position as a preferred destination for skilled professionals,” noted a Fair Work Commission spokesperson. The move reflects ongoing efforts to address cost-of-living challenges and maintain economic stability amidst evolving inflationary trends.

The Reserve Bank of Australia’s recent data indicates a moderation in inflation to a two-year low of 3.4%, supporting expectations of economic stabilization. Annual wage reviews consider factors such as inflation and living costs to sustain financial equilibrium and support low-income earners.

“The Fair Work Commission remains committed to ensuring equitable compensation and fair employment practices,” affirmed the spokesperson. The wage increase underscores Australia’s proactive approach to sustaining a robust labour market and fostering economic resilience.

Business

CTV Nigeria Debuts on GOtv

Published

2 days ago

March 13, 2025

Samson Adeyanju

By Emmanuel Ogbodo

Catholic Television, Nigeria (CTV), has officially launched on the GOtv platform, expanding its reach to millions of viewers across the country.

According to a communication from MultiChoice, the channel went live today, March 13, 2025, at 10 a.m. (WAT) on GOtv channel 115.

It is available on all GOtv packages, from GOtv Lite to GOtv Supa Plus.

This milestone marks a significant step in bringing faith-based content to a wider audience, providing Catholic programming, religious teachings, and wholesome entertainment to subscribers.

With this launch, Catholic TV Nigeria strengthens its presence in the digital space, offering spiritual nourishment to viewers seeking faith-inspired content.

Business

Darasimi Denies Cheating, Speaks on Baba Tee’s Controversy

Published

5 days ago

March 10, 2025

Samson Adeyanju

By Abaire Olanlesi

Darasimi, the estranged wife of comedian Ganiu Morufu, popularly known as Ijoba Lande, has dismissed allegations of infidelity, insisting that her controversial encounter with Yoruba Nollywood actor Babatunde Tayo (Baba Tee) was misinterpreted.

Addressing the claims in an interview on Sunday, Darasimi explained that the incident occurred during a “Truth or Dare” game organized by her friend Marygold, where she briefly sat on Baba Tee’s lap but maintained that no sexual activity took place.

She challenged her ex-husband to produce evidence of her alleged affairs, maintaining that their marriage did not collapse due to infidelity.

However, Baba Tee admitted to a brief sexual encounter with Darasimi, blaming it on intoxication during the game.

He publicly apologized to Ijoba Lande, expressing regret for his actions.

While Darasimi chose to withhold details about the real reason for her failed marriage, she insisted that cheating was not a factor.

Business

Mr Macaroni Stands Firm, Refuses to Greet Sanwo-Olu

Published

5 days ago

March 10, 2025

Samson Adeyanju

By Abaire Olanlesi

Popular comedian and activist Adebowale Adedayo, known as Mr Macaroni, has doubled down on his decision to snub Lagos State Governor Babajide Sanwo-Olu, insisting he has no regrets.

In a series of posts on X (formerly Twitter) on Monday, Mr Macaroni dismissed criticisms over his stance, stating that even if given another chance, he would not acknowledge the governor.

“This is the last time I will address this matter. It is not worth my peace of mind,” he wrote, slamming Nigerians who defend politicians yet suffer under poor governance.

He accused some critics of hypocrisy, claiming they secretly take bribes while publicly condemning leaders.

Reaffirming his commitment to holding leaders accountable, Mr Macaroni rejected pressure to conform, declaring that he would never betray his conscience.

He also urged Nigerians to rise above tribalism and work towards national unity and justice.