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Beyond the workers' entitlements mess. (Economics).(Coalition government's General Employment Entitlements Redundancy Scheme, Australia)
WORKERS ENTITLEMENTS remain a mess. A fundamental problem with both the Coalition government's General Employment Entitlements Redundancy Scheme (GEERS) and the former Labor Opposition's proposed remedy for the problem is that they aim to treat the symptoms but do little or nothing to alleviate the underlying causes--ill-conceived labour market regulations. Unless these causal regulations are repealed or substantially reformed, the pressures they generate are likely to have other detrimental effects on the economy and workers generally. Not only was the problem of entitlement losses entirely predictable, but regulators (that is, all those people involved directly in ...
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