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Top chairmen rail against industrial relations complexity

James Eyers

The chairman of three of Australia’s largest companies – Telstra, Woolworths and Commonwealth Bank – railed against excessive legislative complexity, including in industrial awards, calling on Canberra to cut the politics in workplace policy to support economic growth.

Telstra chairman John Mullen said during the days of former prime minster Paul Keating and trade unionist Bill Kelty, leaders – especially in industrial relations – showed a “genuine intent, on both sides, to find solutions that allow companies to grow and be successful, and share in the growing pie rather than cutting the pie up”.

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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/top-chairmen-rail-against-ir-complexity-20210601-p57x4l