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ANZ job figures: tiem for a real national jobs strategy



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Richard Alston

SHADOW MINSTER FOR SOCIAL SECURITY

NEWS RELEASE

ANZ JOB FIGURES:

TIME FOR A REAL NATIONAL JOBS STRATEGY

(Embargoed until midnight, Sunday 3 November 1991)

Today's disastrous ANZ job vacancy figures showing a further 1% fall in job ads and the ANZ's prediction that unemployment is set to rise to almost 11% by early 1992 demonstrate that what Australia desperately needs but hasn't got is a national jobs strategy.

What is needed is not the sort of jobs strategy Joan Kirner and Paul Keating have been talking about - the government embarking on pump priming and a series of white elephants across the country in the name of 'infrastructure'; nor the jobs strategy Senator Button and David White have in mind - poking their intrusive

fingers into the average Australian's super nest egg directing such funds to provide so-called patient capital, despite the fact that such intervention will inevitably reduce commercial rates of return.

And then there is the Prime Minister's Economic Statement to be announced in the next two weeks, presumably one or two weeks in the making and with the main aim of getting Keating and Kirner off his back.

These strategies are nothing but lazy politics - political quick fixes hastily cobbled together to get Labor across the line at the next election, just before the onset of the next recession.

The sort of national jobs strategy Australia urgently needs is a program of:

- serious and carefully considered reforms geared to the long term growth of the economy, but reforms only the Coalition seems willing to make.

For further comment, contact:

welfare reform tax reform micro reform industrial relations reform

Senator Richard Alston on [03] 817 1675. Sunday, 3 November 1991.

COMMONWEALTH

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