A business lobby has seized on comments by PEAK Chair of productivity Gary Banks to strengthen its impetus for reform of labour relations.
In an address to the Conference of Australian Business Forecast group Economists yesterday Mr Banks warned that it was essential that the regulation of industrial relations to promote Justice in workplaces of Australia to the detriment of productivity improvements.
And he stressed that the regulation of labour relations was the most important area of reform "hit" in efforts to increase productivity.
The Australian Chamber of Commerce and industry said today comments Mr banks on "industrial relations concerns echoed industry associations are demanding wage increases productivity without trade-offs".
The Group has recently toughened their rhetoric on industrial relations, calling for reform amid concerns about the power of Association enhanced under new laws working fair work.
ACCI also pointed to the failure of the Government and opposition to take a ' no-policy change, go to the agosto federal election ".
Chief Executive Peter Anderson said that "If the Government should walk the road of reform as proposed, it needs to do it by navigating around the holes of over-regulation and inconsistency in politics that alludes to the productivity Commission".
"Speech of Mr banks increases pace especially in labour relations, climate change and fiscal Summit next year.
"In every area of Government policy rash can easily cut productivity and the need to increase economic activity beyond simply the resource sector."
Mr Anderson said that the "Commission's productivity warnings should be compulsory Christmas reading for Government and opposition, given that 2011 is the Summit of the tax year, the year of Prime Minister seeks carbon price, and the trade unions of year will push more salary rises as current agreements expire".
Mr Banks warned that the political priority being attached to the price of carbon "renewed" had important implications for productivity.
In an apparent reference to mineral resource rent tax provided for Government, Mr Banks said in the circumstances of a tight budget and a two-or three-speed economy, the Government must deliver the reforms that could reduce costs and increase responsiveness of the offer of the economy.
"Structural pressure attempts counter be both limping mining sector (more) helping manufacturing could only harm the long-term performance of productivity and quality of life of Australia," he said.
Chief Executive of the Australian Industry Group Heather Ridout also said that the productivity performance is "pedestrian" and that Mr banks provided a warning "timely" on labour relations.
"He rightly focused on reducing costs and business face restrictions on the supply side as a means of improving our national economic performance", she said.
"He had a timely warning about the importance of regulating relations in the workplace agile to increase productivity and that should be going to the option of least cost reduction on climate change.
Ms Ridout said Australia online that "ai Group remains very focused on the need to raise our productivity performance that is in any national measure pedestrians and while much spoken is little starred in".
"Ai Group has a fundamental disagreement with Mr. banks about the wisdom of cuts support for manufacturers at a time when they rarely were under more pressure. The focus should be more information on how we can preserve a balanced and diversified economy in the face the pressure being placed in this sector and other minerals at boom. "
A spokesman for the Treasurer has not provided any interpretation of the comments of Mr banks today, but stressed the mining sector was growing.
"As the strong pipeline shows investments, Australia's mining sector goes from strength to strength," he said.
"Companies have announced an additional $ 33 billion of new investment since fiscal reforms by Governments resources were announced on May 2.
Workplace Relations Minister Chris Evans said that the campaign had seen the largest increase in full time employment ever, with a record number of 300000 full-time jobs created.
"This is an excellent result. We've already seen the creation of jobs and work in November 54.600 for the first time, more than 8 million Australians are in full-time work, "he said.
"Even with a month to go, we already reached record levels of creating employment on a full-time basis in 2010.
Senator Evans said that since labour came to the Office more than 715000 jobs was created.
"This is the testimony of the strong working and responsible economic management. We have resisted the global financial crisis and came up with a record growth of jobs.
Senator Evans made comments on figures showed that the unemployment rate fell from 5. 4 to 5. 2 percent while participation rose to a record $ 66.1%.
"We have a record number of Australians in the labor force and unemployment rate of Australia is now about half of many major advanced economies, including the United States and Europe, where the unemployment rate is close to two digits."
The numbers were welcomed by Coalition spokesman Joe Hockey shadow Treasury that said the economy remained close to full employment.
But Mr Hockey reiterated its call for the Government to take steps to reduce pressure on interest rates, saying that his refusal to do so was the "single largest risk to economic activity and employment".
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