President Trump’s re-election raises the stakes for Australia’s global competitiveness, as his incoming administration prepares sweeping deregulation to supercharge U.S. productivity. Meanwhile, Australia remains stuck in a productivity slump, with no relief in sight.

The Employment Act recommends sweeping changes across five core areas, from abolishing Modern Awards, which have long failed both employers and employees, to reinstating enterprise bargaining as a key driver of productivity growth.

Multi-employer bargaining will threaten businesses and set Australia back decades — it must be reversed before it wipes out jobs.