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The concept of regulating wages and employment conditions by a network of industry or (less commonly now) occupational or enterprise-based awards continues to be a central element of the Australian approach to labour regulation. However, the modern awards that operate under the Fair Work legislation are different in purpose, coverage and content to those of the past. We review some of those differences and consider what the ‘four-yearly’ review of awards (now into its seventh year) can tell us about the role of the Fair Work Commission in supervising and maintaining what is now conceived as a ‘safety net’ for national system employees.
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