, only flexible, company-specific, genuine enterprise bargaining agreements can unlock the shop-floor productivity gains needed to generate sustainable real wage rises without fanning inflation.However, smaller business, represented by the Council of Small Business Organisations Australia, has flagged being open to greater uniformity across sectors, as a kind of trade off that provides some relief from the Byzantine complexities of Australia’s industrial award system.
The risk the summit will endorse a retrograde workplace agenda is increased by the fact that many attendees have no real skin in the industrial relations outcomes.NSW Premier Dominic Perrottet warns On some issues, the union-business co-operation that Anthony Albanese has called for at the summit may be achievable. Hence the joint statement issued by the ACTU, the Business Council, the Australian Industry Group and the Australian Chamber of Commerce and Industry declaring their “common interests” on skills and training. The unions have also agreed with business calls to increase the permanent migration cap to 200,000 people to help alleviate crippling labor shortages.
The absence of a united business front may give individual organisations the flexibility to negotiate on matters specifically in their members best interests. But it also increases the danger of being picked off one by one and falling in line behind a union-dominated summit agenda that is not in the best interests of promoting business-led prosperity.
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