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This study describes and analyzes events in Australian industrial relations in the late 1980s and early 1990s. During this period, Australia moved from a centralized to an increasingly decentralized system of industrial relations regulation. Three major issues have been associated with this transformation: a diminution in the hitherto prominent role played by the Australian Industrial Relations Commission; the development and adoption of different models of enterprise bargaining; and a massive campaign of amalgamations which has rationalized the structure of Australian unions.