Fair Work Act a Tax on Jobs

Extract from Editorial, The Australian, March 8 2014 (Emphasis added):

“Like Qantas, the nation is being held back by workplace laws which impose a high cost base on companies; in effect, the Fair Work Act is a tax on jobs. Restoring our international competitiveness and improving productivity will require a suite of reforms, some of which may prove to be disruptive in the short run. But as we learned in the 1980s and 90s, high-paying jobs and broad-based prosperity flow when governments unleash the forces of innovation and competition”.