The Bracks' Government proposed union-inspired new State industrial relations laws is a folly which will make Victoria a bad place to do business, according to Michael Warby, a Fellow of public policy think tank, the Institute of Public Affairs.
Businesses operate on contracts which represent careful weighings of a range of factors.
Yet, the Bill will give a new Tribunal the power to effective re-write such contracts as it sees fit, either by declaring contracts to be employment contracts or by declaring them to be unfair. This will enormously increase the complexity and risks of doing business in Victoria. In this competitive world, business will just move elsewhere. The shift of Email to South Australia will just be the start of a much bigger flood, if this Bill become law, Michael Warby continued. Yet, Premier Bracks has been so foolish as to rely on the advice of officials who cannot satisfy their own members to create a system which will end up telling businesses across Victoria how to run their own affairs.