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The New Federal Government – What can we Expect in IR |
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November 29, 2007 With the resounding election victory of the ALP they now have a mandate on a broad range of issues but in particular on IR. What can business expect from the in-coming government on IR?
There is already action with apparent steps taken to draft new legislation. Set out are some brief comments on what we know so far:
New legislation will come in stages – at least two of them with the major changes probably introduced in 2009 for taking effect in 2010. Such timing will depend upon the assessment of the changes and likely impact at the ballot box given there will be an election due late 2010 to early 2011. It is likely they will be introduced so they are bedded down well before the next election. Conduct of major employers in the coming weeks and months may lead to an alteration in timing but so far the word ‘retrospectivity’ has not been used. For further details read the entire article by clicking here. |