Bosses won't be required to partake in multi-employer bargaining or (in a return to the original Employment Relations Act) have to conclude a collective agreement under a package of employment law measures approved by Cabinet yesterday.

Legislation is underway to reform the Dairy Industry Restructuring Act (DIRA) that would open the doors for Fonterra to enable trading among farmers – a proposal that's divided stakeholders and raised the ugly head of the issue that is foreign ownership.