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Rishworth said the Fair Work system struck the right balance.
In the past year alone, the Fair Work Ombudsman investigated 235 complaints of workplace discrimination.
The government has said the Fair Work Commission will continue to set penalty rates.
The argument now is that Australia's rising unemployment is the fault of the Fair Work Act.
The labour hire regime would be overseen by an inspectorate within the fair work ombudsman.
Hockey: Well, that's certainly something the Fair Work Commission needs to consider.
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The government's position is to allow the Fair Work Commission to set penalty rates.
But penalty rates are a matter for the Fair Work Commission, and people are perfectly entitled to bring applications to the Fair Work Commission to ensure that their businesses are profitable and they can continue to maximise employment".
He said he was confident a Labor government would "win the argument" in the Fair Work Commission.
They want to give the Fair Work Commission powers to convert long-term casual employees to permanent full or part-time employees.
The Fair Work Commission is considering an application to cut Sunday penalty rates in awards covering the retail and hospitality industries.
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