The Economic Impact of Penalty Rate Cuts
On retail and hospitality workers in metropolitan Brisbane
Penalty rates are essential to the livelihoods of workers in the retail and hospitality industries. This report outlines the impact of potential penalty rate cuts across metropolitan Brisbane. It finds that almost 70,000 workers in the Brisbane area would be affected by penalty rate cuts, with the flow on effect to the Brisbane economy being significant, with a loss of dup to $77.5 million in discretionary spending.