On Sunday, Treasurer Jim Chalmers opened the door to multi-business pay and strike arrangements in select industries, saying the summit was an opportunity to “see where there is some common ground perhaps in some industries, around multi employer bargaining and to see if we can move forward together on this front”.“I think enterprise bargaining is
And, after acknowledging Australia’s productivity slowdown, it must commit to the orthodox pro-market economics that have generated prosperity for Australians since the Hawke and Keating reforms of the 1980s.The path to the summit hasn’t been promising, and the prime minister is part of the problem.Unless Mr Albanese can get the 100 summiteers focused in this
The three main ideas the ACTU proposes are: getting the RBA to focus less on inflation-targeting and more on “full employment”, increasing regulation of the labour market to ensure that “real wages grow at least as fast as labour productivity”, and using a raft of price controls across the economy.First, the RBA. The central bank