Aims and Objectives
The Society supports the deregulation of the Australian Industrial Relations System, including the abolition of the award system, the widespread use of individual employment contracts and the lowering of minimum wages. The Society only believes in limited labour market regulation, as it believes that excessive minimum wages and job security lead to higher unemployment and lower productivity. Since its inception, the Society has advocated what it views as reform of the labour market in order to ensure what it views as Australia's international competitiveness and prosperity. On its website, the Society lists its aims and objectives:
- To promote discussion about the operation of industrial relations in Australia including the system of determining wages and other conditions of employment.
- To promote the rule of law with respect to employers and employee organisations alike.
- To promote reform of the current wage-fixing system.
- To support the necessity for labour relations to be conducted in such a way as to promote economic development in Australia.
Read more about this topic: H. R. Nicholls Society
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