THREAT OF COST AND INFLATION BLOWOUTS IF INDUSTRIAL RELATIONS LAWS PASSED
November 2023
Read MoreBusinesses are being encouraged to take four steps to prepare themselves for flagged changes to Australia’s industrial relations system, after the bill passed both houses today.
Business NSW CEO Daniel Hunter said businesses need to prepare for these changes as soon as possible.
“Whilst Business NSW advocated against many of these changes, as NSW’s peak body for business, we will now help and guide small and medium businesses to navigate these changes,” Mr Hunter said.
Employment Minister Tony Burke and ACT Senator David Pocock this week confirmed they have struck a deal on the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill.
The bill has now passed both houses, paving the way for changes which will drive up the cost of doing business.
“As a result of these projected changes, businesses will be required to spend significantly more time dealing with industrial relations issues,” Mr Hunter said.
“Whilst we maintain our objection to this legislation in its current form, enterprises need to get out in front of this issue.”
Mr Hunter said businesses need to:
Business NSW is equipped to help the country’s small and medium businesses navigate these changes.