
BHP chief Mike Henry warns the Govt’s IR policy will make Australia less competitive
BHP boss Mike Henry has doubled down on criticism of the Federal Government’s crackdown on labour hire laws, arguing it is taking Australia in the “wrong direction” and will make the country less competitive. “An industrial relations system that delivers productivity, flexibility, and competitiveness to drive job creation and wage growth. Predictability and reduced risk. Under those conditions, the capital will flow,” Mr Henry told the World Mining Conference. “Worryingly, some policies are taking us in the wrong direction and are going to make Australia less competitive: this includes recent and proposed changes to industrial relations legislation, particularly the same job same pay legislation and multi-employer bargaining.”