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How has the labour market deregulation contributed to Australias productivity growth Labour Market Deregulation Definition Labour market regulation refers to the imposition of rules whether informal or formal impacting and controlling and restricting the behaviour in which labour can both operate and be dealt with Sources of regulation and control come from not only the Government Industrial Commissions other government institutions but lobbyist groups such as workers unions and commerce associations Labour market de-regulation is the opposite of such regulation whereby there is an attempt to decrease restrictions on the laws and regulations by which labour operate Brigs 2004 Productivity growth Productivity growth refers to the relationship between increases in production and services output in relation to a constant level of input such as labour capital and land ABS 2004 Considered more broadly productivity measure the ability of a nation to harness its physical and human resources to produce output efficiently Productivity Commission 2003 Main Body For the past two decades it is clear that successive governments have looked towards labour reform for growths in productivity It must be clear though that labour reform has not always been the mantra of the day The commencement of Labour Market regulation began in 1907 when the President of the Commonwealth Court of Conciliation and Arbitration Now the AIRC Justice Higgins made a decision on the fixed wages of workers The Harvester judgement established the first precedent for wage fixing in Australia Since that decision regulation in the economy has begun to become greater and more complex in nature Since the 1980s however there has been a greater emphasis on de-centralised bargaining as Governments have looked for greater labour productivity It was recognised that in order to increase productivity changes had to be made in labour regulation and legislation and later with coalition governments with the disruption of unfettered union power Prior to 1983 the increases of wages caused uncertainty for
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