Original article by James Thomson, David Marin-Guzman
The Australian Financial Review – Page: 5 : 30-Sep-16

Australia’s penalty rates system needs to be modernised. In its current form, it is incompatible with a 24-hour retail world. Fair Work Commission president Iain Ross suggested at "The Australian Financial Review"’s retail summit on 29 September 2016 that weekend penalty rates should be abolished in exchange for a higher hourly rate for workers employed at retail and fast-food outlets. Ross gave an example of the Hospitality Industry Award as a model that could be used in the retail sector.

CORPORATES
AUSTRALIA. FAIR WORK COMMISSION, COUNCIL OF SMALL BUSINESS ORGANISATIONS OF AUSTRALIA LIMITED, COLES GROUP LIMITED, WOOLWORTHS LIMITED – ASX WOW, ACTU, SHOP, DISTRIBUTIVE AND ALLIED EMPLOYEES’ ASSOCIATION