Original article by David Marin-Guzman
The Australian Financial Review – Page: 4 : 23-Nov-22

The Department of Employment & Workplace Relations estimates that it will cost small businesses about $14,638 to engage in multi-employer bargaining. Medium businesses and large companies in turn will face costs of $75,148 and $94,311 respectively, according to the department’s regulatory impact statement. The federal government has based these estimates on an average consultant cost of $175 an hour. However, Australian Chamber of Commerce & Industry CEO Andrew McKellar contends that businesses could expect to pay market rates of about $400 an hour. Meanwhile, Hancock Prospecting, has warned that multi-employer bargaining could threaten thousands of mining jobs and billions of dollars in royalty revenue.

CORPORATES
AUSTRALIA. DEPT OF EMPLOYMENT AND WORKPLACE RELATIONS, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY, HANCOCK PROSPECTING PTY LTD