Illiberal plan

Des Moore (“Workplace pendulum”, The Australian, 23/8) uncritically accepts predictable industry complaints about labour costs under the Fair Work system. ┬áThe big picture tells a different story: over the past 30 years, real GDP has risen by about 80%, real wages by only about 50%. This makes claims of decreased profitability due to wage costs incredible, and represents a market failure to share increased wealth with those who create it; a direct consequence of the decline in collective bargaining.

Eric Abetz’s illiberal plan to forbid “lazy” companies from willingly sharing profit through wages will only worsen this injustice, as will Moore’s proposal to weaken Fair Work.

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