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Men's Weekly

Cutting penalty rates was supposed to create jobs. It hasn't, and here's why not

  • Written by Martin O'Brien, Lecturer in Economics, University of Wollongong
Cutting penalty rates was supposed to create jobs. It hasn't, and here's why notUsing a variety of statistical analyses, the authors have found no evidence of more employment in hospitality and retail because of reduced penalty rates.www.shutterstock.com

After three years of submissions, hearings and deliberations, Australia’s workplace relations umpire, the Fair Work Commission, decided in 2017 to decrease the penalty...

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