Business fears Fair Work intervention in power closures
Business groups fear Labor’s Net Zero Transition Authority legislation will expose them to union-initiated disputes as coal- and gas-power stations close.
Business fears unions will hit employers with costly redundancy demands after Labor said it would furnish the Fair Work Commission with broad powers to explicitly intervene in negotiations over coal- and gas-fired power station closures.
Labor’s move was included in legislation tabled in parliament on Wednesday to establish the Net Zero Transition Authority, surprising power station owners who condemned the measure as “unnecessary” given their track record of working with local governments and unions to manage plant closures.
Loading...
Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
