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Business should speak out on superannuation guidelines



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SENATOR FRED CHANEY LEADER OF THE OPPOSITION IN THE SENATE SHADOW MINISTER FOR INDUSTRY, TECHNOLOGY AND COMMERCE

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BUSINESS SHOOED· SPEAK OUT ON SUPERANNUATION GUIDELINES

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Both large and small business should make an early, loud and public responsO' to the Government1s draft superannuation guide­ lines an5 operational standards. ·

The guidelines db nothing to address the critical issues of af for dab iZiltyr asd trade union control. '

They apply to; profitable and unprofitable businesses alike.

Those marasifacture-rs, farmers and miners who are under serious and growing; casts pressures and who face severe international competition! flow face an across-the-board increase in employment costs.

The Government, guidelines must have regard to the uneven capa­ city of di£iie; ref$:t industry sectors to p a y .

That means- abfrpisting the Government's approach to the Accord as well as to: the guidelines.

In additkrciv the Government should make it absolutely clear that no claims? should be made by the trade unions until the Arbitration (Dsmmission has ruled on what productivity claim, if any, s&sudtei· Bxe allowed. _

The guidelines-; provide no real safeguards in this area at a ll.

Unless business? is prepared to pursue these issues with the Government: will continue to hand over control to the trade unions in these; essential areas.

16 December- ESSES Sydney

Contact : Heft in Kessell (09 ) 325 8179

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