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Australia and New Zealand are best known for their systems of industrial relations based on compulsory arbitration. However, recent years have seen trends in both countries toward neo‐liberalism—trends that represent the end of compulsory arbitration. This paper traces the path taken toward neo‐liberalism, the speed of the journey, and the destination reached in both countries. In attempting to explain the differences between them, it is institutional factors—industrial and political—that are given highest priority.
Bray et al. (Wed,) studied this question.