The prime minister has called for workers and bosses to unite on industrial reforms aimed at stimulating productivity after coronavirus.
The coalition has signalled workplace laws will be a target reform area on the road to economic recovery once the pandemic subsides.
Scott Morrison said Australia’s economic resilience had motivated employers and employees to settle for the current system rather than push for reform.
“There has been a rigidity in the relationships between employees and employers prior to going into the crisis,” the prime minister told The Australian.
“What’s important is that we are able to have a set of new arrangements in place and they can both do well and not be held back.”
He said economic devastation would prompt a new sense of urgency.
Nearly 600,000 Australians lost jobs in April, sending the unemployment rate up to 6.2 per cent, while more than six million others are on wage subsidies.
Treasury has forecast unemployment will reach 10 per cent by the end of June and the economy will take a $50 billion hit.
Mr Morrison said he was optimistic about union cooperation, while also taking a shot at Labor for hinting at a combative approach to reforms.
The Greens want to increase net debt by $250 billion to $300 billion over the next 10 years, bringing it to about 44 per cent of gross domestic product.
The massive spending plan would pay for public transport, electricity grid transformation, public health, education, housing and manufacturing.
Australians under 30 would be guaranteed a job or free education.
“Young people have been smashed by the corona crisis,” Greens leader Adam Bandt said on Monday.
“If we don’t offer every young person a job, a study place or a decent income, we risk creating a lost generation.”
Mr Bandt said Australia’s debt skyrocketed to 120 per cent of GDP in the recovery after World War II but it was paid back in about a decade because the money went into rebuilding.