The ABS has released its quarterly report into industrial disputes today and the chart is quite a surprise:
Check out the two little peaks in the bottom right hand corner. That’s your mining boom. Now compare that with 1980s!
It has to be said that Labor’s Wages Accord really did kill industrial disputation and the levels we have today would make the traditional union boof head roar with disgust and flecks of meat pie. This chart also shows you how limited the mining boom has been, with the much discussed skills shortages generating only a tiny pop in disputation.
Advertisement
You can expect a spike in the next few years, though, as lousy managements everywhere mistakenly associate lower wages with higher productivity!
