Australia's new industrial relations laws, set for August 26, may increase agricultural input and food freight costs by 10%.

Veteran economist and business journalist Robert Gottliebsen warns that new industrial relations laws in Australia, scheduled for August 26, may cause a 10% increase in agricultural input and food freight costs. The laws, part of the federal government's amendments to the Fair Work Act, include new contractor-employee definitions, casual employment changes, and rights for employees to disconnect from work outside regular hours. These changes could hurt smaller family-owned trucking businesses and favor larger corporate-scale operators, potentially leading to higher costs for farmers and consumers.

August 18, 2024
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