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Productivity roundtable has business worried

13 16
05.08.2025

US professor and activist Noam Chomsky used to always advise people who wanted to know the truth to read the business press, because their readers needed to know what was really going on.

It remains true. And that’s how we know business is very worried about the productivity roundtable Jim Chalmers has called for later this month.

Back in 2020, when the pandemic had all elements of Australia’s industrial relations sector in a panic, the emphasis was on the ACTU and business working together.

Countless op-eds were written about how union boss Sally McManus and the Coalition’s then-IR minister Christian Porter worked to find elements of consensus in how to address the looming crisis.

“No time for a workplace brawl”, advised the Australian Financial Review. That push for consensus continued into 2022 when Labor held its Jobs Summit, with the Business Council of Australia and the ACTU jointly releasing “shared principles and policy suggestions” ahead of the talkfest, as if laying the groundwork for the shared interest would make disagreeing later easier.

It didn’t. And getting along doesn’t mean good policy. Usually it just dulls any progressive push for structural change.

Which is why the........

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