The Australian Council of Trade Unions (ACTU) has proposed radical reforms to spur productivity in the country, including controls on energy prices and stopping impending personal tax cuts.
Yet federal Treasurer Jim Chalmers has responded, saying that while ideas were welcome, they would not necessarily be adopted at the September Jobs and Skills Summit.
The Summit is a key Albanese government policy platform—in the vein of the 1983 Hawke-Keating government Economic Summit—which aims to gather business groups, unions, political leaders, and experts together to discuss a long-term productivity plan for the country. In turn, tackling slowing real wage growth and high inflation….