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Australia’s storied wrought iron sector is set to take a major hit as a new regulation from the Australian government aims to curtail its booming industry.
The Government has announced it is looking at capping the size of the industry at 2 million tonnes per annum to make it sustainable and prevent another boom in demand.
It is also planning to increase fines for producers and sellers, but the measure is not expected to significantly impact the industry.
“We’re going to see more competition and more innovation, and we’re going the extra mile to try and encourage that,” Mr Smith said.
“But I think we’re not going to achieve the goal of doubling our wrought iron output by 2020.”
Woven iron has become an increasingly important part of Australia’s economy, with its growth forecast to double in the next 15 years.
It has become a major source of jobs, with the sector accounting for 10 per cent of Australia`s total employment, and it is estimated to be worth around $1 trillion a year.
But the industry has also come under heavy criticism over its quality and sustainability.
Woven-iron workers have been involved in serious workplace injuries and deaths in recent years, with many claiming the industry is dangerous.
The Australian Industrial Relations Commission is currently considering a number of proposals to tackle the industry, including the removal of a ban on “unfair, unfair and deceptive practices” against workers, the establishment of a national minimum wage, a national worker health and safety regime, and the introduction of a labour hire-free zones scheme.
“This industry is a source of national pride and is the backbone of our economy, it’s the backbone that provides the backbone for many Australian jobs,” Mr McLeod said.
The changes are expected to come into effect by the end of the year, with some states and territories expected to follow suit.
But some businesses have already said they will stop using the industry to cut costs.
“I don’t know how you can make a profit on a $50,000,000 enterprise and make a $10,000 contribution to a health and wellbeing fund, and yet we’re seeing people dying, we are seeing people being seriously ill,” Mr Jones said.
Topics:workers,workers-and-staff,workers,worker-andpension,workers’ compensation,government-and,industry,employment,australia,brisbane-4000,lg-alliston-4121First posted November 06, 2018 07:36:42Contact Anna NellesMore stories from New South Wales