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ARTICLE · 21 OCTOBER 2014

Australian contribution to G20 growth requires urgent progress on IR reform

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Australia must get serious about workplace reform in a post GFC economy if we are to contribute to G20 growth targets.

AustraliaStrategy
John Tuck
John Tuck
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This year's global competitiveness rankings by the World Economic Forum challenge government and employers to consider carefully how Australia's labour market performance is hindering our overall competitiveness as a nation. Australia must get serious about workplace reform in a post GFC economy if we are to improve our international performance and contribute to the G20 growth targets.

Last month G20 finance and labour ministers held high-level meetings ahead of the G20 Leaders' Summit in Brisbane in November.

Reaching agreement on a common target for economic growth is a central issue for the G20 – along with the labour market, competition and other reforms needed to achieve that goal.

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