Calls for industrial relations overhaul

Business chiefs are urging the Federal Government to use next week’s Budget to overhaul Labor’s industrial relations system, while there are indications ahead of the Budget that the childcare rebate will stay but superannuation tax benefits might be cut.

Qantas chief executive Alan Joyce and ANZ chief executive Mike Smith called on the government to use the Budget to restore business confidence and to encourage more labour flexibility.

Joyce said:

“... business leaders want the government to provide greater certainty. Australian businesses want to see increased flexibility in the labour market, which will help drive productivity and innovation. Governments and business must work together to find a renewed passion for productivity reform.”

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