Vida Union Demands Real Wage Hikes for 283,500
- Union leader Roman Hebenstreit seeks full inflation compensation and overtime reform as negotiations for railway and retail staff begin.
#AustriaEconomy in the news
Vida Union Demands Real Wage Hikes for 283,500 · Austrian Household Wealth Hits 968 Billion Euros · SPÖ Proposes 55 Percent Tax Rate for High Earners
Austrian Household Wealth Hits 968 Billion Euros
- The Allianz Global Wealth Report shows Austrian financial assets grew five percent in 2025 as investors shifted focus toward securities.
SPÖ Proposes 55 Percent Tax Rate for High Earners
- The Social Ministry plans to lower the top tax threshold to 500,000 Euro to fund an increased child supplement starting in 2027.