Senator David Leyonhjelm has penned an article lambasting the moral panic over ‘wage theft’ and prescribing a policy of full labour market deregulation:
The [wage theft] issue originates in Australia’s absurdly complex industrial relation system, with its mess of awards and agreements barely changed from the middle of the 20th century…
What this “crisis” reveals is an industrial relations system stuck in the past, lacking flexibility, and substantially contributing to our stagnant productivity and lack of wages growth. Australia badly needs an industrial relations revolution.