From the Desk of the Executive Director

The Australian Competition and Consumer Commission has issued a big warning to corporate executives involved in doing deals with unions. They are now under a ‘watch’ notice.

Executives doing normal industrial relations negotiations over enterprise agreements and the like should not have cause to worry. But where the deals move into shady areas that could arguably have the effect of harming competition it’s now time to become ultra-careful! More...

Australian unions will be delighted with the Productivity Commission review of the workplace relations framework released yesterday. Finally unions might be able to run another ‘it’s the horror of WorkChoices’ scare campaign. They’ve been longing for this since Abbott won government.

Unions have taken a beating in the Royal Commission into union corruption. The exposure of payola from corporations lining union financial coffers has been most embarrassing. It shows unions to be frequently more chummy with corporates than with employees. What a relief for unions that the Productivity Commission has recommended a cut in weekend penalty rates; it provides a handy shift of public focus. More...

Recessions can be politically induced. In Victoria, there are flashing red signals to suggest that scenario may be developing.

Let’s begin with last week’s Victorian budget.

The previous Coalition government spent four years keeping public sector wages under control. They had a ‘war’ with just about every public sector employee group and suffered electoral backlash as a result. More...

The offer by Japan Post to purchase Toll Holdings looks like a smart move by the Japanese as explained by Robert Gottliebsen earlier this week (The Toll takeover exposes our institutions' ignorance, February 18)

Over the last eight years, Toll has built a logistics footprint into Asia that the Japanese clearly value, as is reflected in the significant premium they’re prepared to pay. More...

There are plenty of naïve people at the big end of town who haven’t yet realised the extent to which the Abbott government is changing the landscape of business in Australia.

The first dramatic signals came early this year when the government announced the end of corporate welfare. This had substance, with the rejection of taxpayer bailouts to Holden, Toyota, Coca Cola’s subsidiary SPC Ardmona and Qantas. The message to corporations was straightforward: grow up and stop your dependency on taxpayers! More...