The Forum > Article Comments > The benefits of a freer labour market > Comments
The benefits of a freer labour market : Comments
By Richard Blandy, published 3/11/2005Richard Blandy argues the new IR reforms will make a good contribution to the long run welfare of the Australian people.
- Pages:
-
- Page 1
- 2
- 3
- 4
- ...
- 10
- 11
- 12
-
- All
What happens when you get 300,000 Bills or Wilheminas all accepting cut rate jobs? eventaully the bar gets lower and lower with no gaurantee of any thing in return; the cargo cultists dream of more employment but no one has been able to demonstrate how this will come about and most commentators suggest this will not happen.
And Richards line that with the flexibiltiy to negotiate out costly conditions the employer has the capacity to offer higher wages "if warranted"? Why would they if they went to all the expense of getting rid of the costs in the first place?
Kevin Adrews and John tell us the employee is in the drivers seat in periods of high employment; even so it is highly likely that there will be a decrease in conditions immediateley following the passage of the bill - the size of the change is irrelevant.
In times of high unemployment the downward pressure on wages will will be inexorable - with cyclical changes to employment employees will be required to claw back conditions lost when employees are scarce but it is highly unlikely they will return to the levels once enjoyed.