IR Laws will cost jobs, Knott

The Australian Mines and Metals Association chief executive Steve Knott has slammed the Federal Government's newest IR laws as a mistake during a Workplace Relations Forum in WA on Wednesday.

The Australian Mines and Metals Association chief executive Steve Knott has slammed the Federal Government’s newest IR laws as a mistake during a Workplace Relations Forum in WA on Wednesday.

“The Fair Work Bill represents the biggest increase in trade union powers since Federation,” Knott said.

“Given this, it is concerning that there are a number of stakeholders within the current environment who are prepared to walk away from the interest of their constituents and place politics before the economic well being of Australians and their workplaces.”

According to Knott, the Fair Work Bill is more about resuscitating an ailing union movement, not improving business conditions and job prospects for ordinary Australians.

The Forum was attended by hundreds of resource sector representatives including Rio Tinto, BHP, Woodside and Fortescue Metals Group.

“As industry groups such as AMMA review the detail of the Fair Work Bill there is no hiding the massive increase in union rights and associated business transaction costs that will accompany the new laws,” Knott said.

“These costs will have to be met by the resource sector employers and they directly hit the bottom line, add no value and will cost jobs.”

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