Crossbench reshapes Labor’s IR bill

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The Secure Jobs, Better Pay Bill is set to pass the Senate after the federal government struck a deal with independent senator David Pocock following lengthy negotiations.

Pocock has secured a number of concessions, including an increase in the threshold for small businesses to be exempt from multi-­employer bargaining ­from 15 employees to 20.

The Greens have also agreed to support the bill after gaining some concessions. These include returning future employees to the better off overall test, which the government had removed to simplify for business, and giving parents an enforceable right to request unpaid parental leave.

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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.