Original article by Sue Mitchell
The Australian Financial Review – Page: 4 : 18-Dec-15
Australian businessman Jack Cowin has warned that industries such as hospitality will be forced to increase their prices unless weekend penalty rates are reduced. The founder of Hungry Jack’s argues that fast food restaurants and hotels will need to lift their prices if they have to keep paying people higher wages for doing the same job on weekends as on weekdays. Russell Zimmerman of the Australian Retailers Association says lower penalty rates would enable retailers to employ more staff.
CORPORATES
HUNGRY JACK’S PTY LTD, AUSTRALIAN RETAILERS ASSOCIATION, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP, FAIRFAX MEDIA LIMITED – ASX FXJ, BUSINESS COUNCIL OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN GREENS