“Let’s call it social dialogue or tripartism – that would be the way in which most modern progressive European countries would operate.”
Taking a more limited approach, he said, would mean there was “more pressure on to provide greater pay increases if people’s cost of living hasn’t been lessened by other measures that have been taken”. A structured approach could see measures introduced over a few years “but committed to in a real way in the upcoming budget”, he said, “in a way that was manifest and people could see we’re on a trajectory here to try and manage the cost of living over a period of time”.
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