DOUBLE BLOW TO NSW FAMILIES AS PENALTY RATE CUTS COMPOUND COST OF LIVING PRESSURES

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Cuts to penalty rates for thousands of NSW workers come into effect today, adding to cost of living pressures compounded by a long list of bill, fee and charges hikes under the Berejiklian Government.

Yesterday, electricity prices increased by up to 20 per cent across the State as almost every toll in Sydney increased and over 440 Berejiklian government fees and charges went up. 

Today will be the first day that penalty rates cuts will be felt by Sunday workers, after the Federal Coalition government refused to intervene.

In March, not one NSW government Minister could provide an assurance that they would rule out reducing penalty rates for NSW public sector workers – putting the pay packets of thousands at risk.

The cuts will have a serious impact on NSW families who depend on penalty rates to put food on the table every week and who also have to grapple with skyrocketing energy bills.

Customers of major energy retailers AGL, Energy Australia and Origin (which hold 90 per cent share of the NSW retail market) will receive sharp price hikes of to 17 per cent collectively after the Berejiklian Government did everything it could to drive up electricity prices, including taking legal action at every turn to block the Australian Energy Regulator’s determination to lower bills.

NSW Labor Leader Luke Foley was in Western Sydney with Federal Shadow Treasurer Chris Bowen today, pledging his support to Federal Opposition Leader Bill Shorten who has vowed to reverse cuts to Sundaypenalty rates if Labor wins the next election.

 Quotes attributable to NSW Opposition Leader Luke Foley

“This is life under the Liberals and Nationals. Federal and State, they stand for reducing the penalty rates of weekend workers.

“Families and pensioners already struggling with costs will be slapped with higher electricity prices and penalty rate cuts.

“NSW residents are increasingly having difficulty balancing the family budget under the Liberal Governments.

“A Foley Labor Government will re-regulate the electricity companies to ensure that consumers are treated fairly.