Unions pressure Labor on free trade deals

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In late 2019, Australia’s union movement lashed Labor (here and here) for waving through several wage-crushing with Indonesia, Hong Kong and Peru.

The union movement claimed that the trade deals breach Labor’s national policy platform, which outlawed deals with investor-state dispute settlement (ISDS) clauses and mandated labour market testing.

“This is bad for local workers, will worsen the wage crisis and increase the exploitation for visa workers”, ACTU president Michele O’Neil said at the time.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.