ACOSS, BCA and ACTU back full employment as a key economic goal

Ensuring people can obtain a job and get the hours they need to work is essential for a productive Australia and should be the framework for the Jobs and Skills Summit according to the Business Council of Australia in its latest white paper.

by | Aug 29, 2022

ACOSS, BCA and ACTU back full employment as a key economic goal

The BCA, the Australian Council of Social Services and the Australian Council of Trade Unions released their joint white paper just days ahead of the summit and said while the government’s commitment to full employment is encouraging, success is by no means assured.

The white paper outlined a series of policy recommendations, for consideration as part of a wider full employment strategy.

These include:
• Containing inflation in the prices of goods and services
• Improving productivity and growth in real wages and other incomes
• Reducing inequity and removing barriers to participation in the labour market
• Investing in skills and training
• Building a more sustainable and diverse industry base

The white paper stated the goal of this plan must be ensuring that people can obtain the jobs and paid working hours they need, that the quality and security of jobs and real incomes – including income supports are improving, productivity is improving, the benefits are shared, and groups aren’t left behind.

ACOSS acting chief executive Edwina MacDonald said this week’s Jobs and Skills Summit and current low unemployment provide a historic opportunity for the government to secure full employment so that people seeking paid work or more hours can get them.

“If the hundreds of thousands of people who are looking for paid work are supported to join the workforce, that will be a win for those currently left out, a win for employers, and a big step towards full employment in Australia,” she said.

“We proudly stand with unions and business ready to work together with Government to find less brutal ways to contain inflation and address labour shortages, so that our incomes can grow again, the quality of jobs – including in essential care services – improves, and no one is left behind.”

BCA CEO Jennifer Westacott said business, unions and civil society groups agree that a strong Australia is one that sees the benefits of a stronger and more productive, competitive economy shared in better jobs, growing wages and the ability of all Australians to get ahead.

“Keeping unemployment at record lows and sustaining wages growth will be a major challenge,” she said.

“To get there Australia must drive stronger economic performance by making itself more competitive, boosting productivity, and attracting the investment needed [to] diversify our industrial base, do new things and create new opportunities.”

ACTU president Michele O’Neil said the white paper demonstrates the broad agreement between employers, social services and unions on policy that would drive employment, reverse the decline in real wages and deliver sustained economic growth.

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