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Business Council of Australia boss unleashes on Anthony Albanese over Labors new industrial relations laws: Steps backwards

Corporate Australia will take a vicious swipe at Prime Minister Anthony Albanese by accusing his new industrial relations laws of taking the nation backwards.

Corporate Australia will take a vicious swipe at Prime Minister Anthony Albanese by accusing his new industrial relations laws of taking the nation backwards.

Business Council of Australia (BCA) chief ­executive Bran Black is set to tell Mr Albanese in a speech on Tuesday night that leaders of many major companies feel we are losing our way economically under Labor. 

Instead of taking the big steps on the things that matter, we are taking incremental – but noticeable – steps backwards, Mr Black will tell attendees of a dinner put on by the lobby group, which Treasurer Jim Chalmers will also attend.

Ive spoken to many CEOs who have said they are far more cautious about hiring after the governments raft of recent workplace changes.

Mr Black will take aim at Labors sweeping new industrial relations laws that will see the return of sector bargaining for wages and conditions. The new laws also include a controversial right to disconnect or ignore bosses calls after work hours. 

This will put jobs at risk, according to Mr Black. 

For a good job to be well-paid, it has to exist first, he will tell the prime minister. 

Abolishing multi-employer bargaining must be seen as a priority in this regard.

Business Council of Australia chief ­executive Bran Black (pictured) is set to tell Prime Minister Anthony Albanese that the nation is taking step backwards under his government

Business Council of Australia chief ­executive Bran Black (pictured) is set to tell Prime Minister Anthony Albanese that the nation is taking step backwards under his government

We must get back as quickly as possible to ­having employers and employees reach agreements for their ­workplaces that reflect the fact that every business is unique, rather than seeing more top-down, one-size-fits-all approaches to policy.

Mr Black will warn that Australia is being weighed down by red tape with public spending and debt threatening to swamp future prosperity. 

Nothing we have seen seriously proposed by any side of politics in recent times would significantly alter that projection, he will say. 

Were past the opportunity for incremental steps, and so the only thing that will matter is bold steps in policy. 

Were steadily ­increasing, not removing, regulation – making it harder to run a business.

The CEO will also take aim at the Coalition over a Nationals-led push to break up Australian ­companies, such as forcing Qantas to divest budget carrier Jetstar.  

We see ideas on the table to force our best-performing companies to divest, notwithstanding review after independent review says this is the wrong way to go, Mr Black will say. 

And weve seen so-called Robin Hood proposals to impose even greater taxes on our success. All of this reduces our competitiveness as a nation. 

And the upshot is best illustrated by the fact that I now have members – major employers – who are now actively choosing to invest overseas rather than in Australia.

When asked about the speech, Mr Albanese (pictured with his partner Jodie Haydon) stressed the points his government has in common with the Business Council of Australia

When asked about the speech, Mr Albanese (pictured with his partner Jodie Haydon) stressed the points his government has in common with the Business Council of Australia

Mr Black will also outline five key areas of concern for the BCA that it wishes to see parties committed to addressing during the federal election next year.

They are the high cost-of-living, the housing crisis, targeting net zero CO2 emissions, the cost of aged care and the ongoing skills shortage.

When asked about Mr Blacks comments on Tuesday, Mr Albanese stressed that the BCA and his government had the same five priorities.

Thats a good thing, that were in sync on what the priorities are, he told reporters.

Mr Albanese said his government had created over one million jobs and supported higher wages, continued growth, and a continued rise in business investment.

Social Services Minister Amanda Rishworth accused business groups of posturing ahead of next years federal poll.

She said the government was working with business across the board to enhance productivity but fairness to workers was a key part of this equation.

We have actually ensured that theres balance there when it comes to negotiating pay and conditions, and what weve actually seen is industrial action down and wages up, she told Channel Nine ahead of Mr Blacks speech. 

Thats a good thing for workers, but its also a good thing for business.

The BCA ­represents many of Australias largest companies including BHP, Hancock Prospecting, the big four banks and accounting firms, ­Wesfarmers, Coles, Woolworths, Telstra, Atlassian and Qantas. 


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