Six-year ‘greenfields’ agreements would bolster business investment and confidence, and would particularly benefit the Western Australian economy.
Increasing the length of workplace agreements on WA’s major projects has been a critical priority for CCIWA and our members, and the Prime Minister’s commitment to six-year agreements if re-elected is most welcome.
Australia’s IR system currently imposes risks to major investment projects, because terms and conditions for employment cannot be established for the life of a major project. This weakens Western Australia’s appeal as a safe and certain destination for investment capital. Reform would better sustain the long-term project investment which is critical to tens of thousands of jobs in WA’s mining and petroleum sector.
CCIWA calls on all parties in this election to support extending the duration of greenfields agreements.