Tuesday, March 22, 2016

Turnbull's maths all ABBC

Studies show there are no productivity gains attributable to the ABCC, just as there are no savings in relative costs.”

Professor David Peetz, added in a January 2014 submission on the ABCC that Econtech’s $5.5bn saving claim had “no solid basis” as it had cherry-picked data and erroneously assumed productivity increases were caused by the ABCC.

The Productivity Commission also noted“many individual constructors did not raise [industrial relations] issues as a major source of cost pressures in recent years”. 

According to a survey 50% of building supervisors said the ABCC had made no difference to productivity levels, nearly one quarter considered it had improved it somewhat and just over 15% said the effect was significant.


No comments: