Wages are going backwards. The rules at work are broken
17 August 2017
ACTU

Australian workers’ wages are not keeping up with the cost of living and over a million working people are underemployed, figures released today by the Australian Bureau of Statistics (ABS) reveal.   :(

The cost of living is growing 16 per cent faster than wages in the private sector. Workers are doing better in the public sector due to higher union density, but everyone is feeling the pinch.

Meanwhile, business is healthy, with the ABS data indicating that a third of all businesses’ income had increased in 2015-16.

The figures also show that the problems of insecure work and underemployment continue to grow, with more than 1.1 million people unable to find enough work, while nearly three quarters of a million Australians can’t find work at all.

The number of men in part-time work has increased dramatically, with an extra 52,000 more men in part-time work in July than in June.

A third of the manufacturing industry has indicated that there is a lack of skilled people in the industry, highlighting the issues of cutting and privatising TAFE funding.

Quotes attributable to ACTU Secretary Sally McManus:

“Today’s figures reveal the growing inequality in Australia. Workers are unable to negotiate higher rates of pay because the rules are stacked in favour of big business and the very rich.”

“More than 1.1 million people are underemployed and can’t find enough work. People need second jobs to survive — this is, sadly, the face of inequality crisis in Australia.”

“Too many Australians, and in particular young people, cannot find work. If they can find work they can’t find enough.”

“Every one of these problems comes from corporations and the very rich having too much power, while the rules that are meant to balance this out are broken.”

“The Turnbull Government is fuelling inequality and denying it exists. “

“The Turnbull Government’s neoliberal agenda is hurting people and their families. Instead of helping people increase their wages and secure their work, they’re attacking unions, the very people who can lift wages by negotiating on behalf of workers.”

“It is refusing to crack down on corporate tax evasion and corruption, preferring to cut taxes for corporations while ignoring the need for a Royal Commission into the banking industry.”

“The rules at work are broken. If people want higher wages and more secure work, they need to join their union so we can change the rules.”

ENDS

The ultra Lefty BlackDay is pumping the GetUp! propaganda again. What a waste of time such obvious bulldust really is.

Jobsun groth

Not another wages growth thread.
Who wrote this crap anyway. Clueless fool.

I see. Quotes attributable to Sally McManus. The more I read, the more I see what a clueless fukking idiot she is.

jobsun groth

Its time wrote on Aug 18^th, 2017 at 9:52am:

jobsun groth

A very cogent argument from you. Unions are going nowhere with this wood duck running the gig.

if you arent very valuable   YOU DONT GET MUCH MONEY

complaining
whining
being butt hurt
being entitled
being a cry baby

are simply not valuable personality traits ,  it seems

aquascoot wrote on Aug 18^th, 2017 at 10:46am:

if you arent very valuable   YOU DONT GET MUCH MONEY complaining whining being butt hurt being entitled being a cry baby are simply not valuable personality traits ,  it seems

Ohh look, the Robbins wanna be is here.

aquascoot wrote on Aug 18^th, 2017 at 10:46am:

if you arent very valuable   YOU DONT GET MUCH MONEY complaining whining being butt hurt being entitled being a cry baby are simply not valuable personality traits ,  it seems

Scoot, wages growth is down across the entire economy. It is not restricted to the complainers and cry babies. The "becoming more valuable" angle doesn't carry much weight considering the state of total factor productivity and spare capacity in the labour market.

You need to re-think that one.

crocodile wrote on Aug 18^th, 2017 at 12:06pm:

You need to re-think that one.

That should be aquascoots mission statement.

crocodile wrote on Aug 18^th, 2017 at 12:06pm:

aquascoot wrote on Aug 18th, 2017 at 10:46am: if you arent very valuable   YOU DONT GET MUCH MONEY complaining whining being butt hurt being entitled being a cry baby are simply not valuable personality traits ,  it seems Scoot, wages growth is down across the entire economy. It is not restricted to the complainers and cry babies. The "becoming more valuable" angle doesn't carry much weight considering the state of total factor productivity and spare capacity in the labour market. You need to re-think that one.

Yes positive thinking doesn't fix a broken system

crocodile wrote on Aug 18^th, 2017 at 12:06pm:

aquascoot wrote on Aug 18th, 2017 at 10:46am: if you arent very valuable   YOU DONT GET MUCH MONEY complaining whining being butt hurt being entitled being a cry baby are simply not valuable personality traits ,  it seems Scoot, wages growth is down across the entire economy. It is not restricted to the complainers and cry babies. The "becoming more valuable" angle doesn't carry much weight considering the state of total factor productivity and spare capacity in the labour market. You need to re-think that one.

And the fact that company profits are way up in comparison to wage growth.

And that hard core socialist Sheila from the CPSU is telling Bull S. what to say.

She wants to nationalize the banks, seize houses and put them under Socialist control, etc

This is the sort of Socialist garbage we would get daily if Bull S. and the Greenies ever got back in.

Not to mention Bull S. restarting the boats and his sky high electricity prices.

YouLiar is becoming more unhinged  :D :D :D

stunspore wrote on Aug 18^th, 2017 at 12:23pm:

crocodile wrote on Aug 18th, 2017 at 12:06pm: aquascoot wrote on Aug 18th, 2017 at 10:46am: if you arent very valuable   YOU DONT GET MUCH MONEY complaining whining being butt hurt being entitled being a cry baby are simply not valuable personality traits ,  it seems Scoot, wages growth is down across the entire economy. It is not restricted to the complainers and cry babies. The "becoming more valuable" angle doesn't carry much weight considering the state of total factor productivity and spare capacity in the labour market. You need to re-think that one. And the fact that company profits are way up in comparison to wage growth.

Sorry Stunner but wages growth and corporate profits do not correlate. They never have and likely never will. Wages growth is a result of total productivity growth.

By the way, Corporate profits have been flat for most of this decade. There has been an uptick in the last two quarters but this is from a very low base. Before the latest rise, the 2016 profits were back at 2007 levels. And that's not even adjusted for inflation, they're the nominal figures !



https://edge.alluremedia.com.au/uploads/businessinsider/2017/02/Australia-gross-operating-profits-q4-2016.jpg

whiteknight wrote on Aug 18^th, 2017 at 8:02am:

Wages are going backwards. The rules at work are broken 17 August 2017 ACTU Australian workers’ wages are not keeping up with the cost of living and over a million working people are underemployed, figures released today by the Australian Bureau of Statistics (ABS) reveal.   :( The cost of living is growing 16 per cent faster than wages in the private sector. Workers are doing better in the public sector due to higher union density, but everyone is feeling the pinch. Meanwhile, business is healthy, with the ABS data indicating that a third of all businesses’ income had increased in 2015-16. The figures also show that the problems of insecure work and underemployment continue to grow, with more than 1.1 million people unable to find enough work, while nearly three quarters of a million Australians can’t find work at all. The number of men in part-time work has increased dramatically, with an extra 52,000 more men in part-time work in July than in June. A third of the manufacturing industry has indicated that there is a lack of skilled people in the industry, highlighting the issues of cutting and privatising TAFE funding. Quotes attributable to ACTU Secretary Sally McManus: “Today’s figures reveal the growing inequality in Australia. Workers are unable to negotiate higher rates of pay because the rules are stacked in favour of big business and the very rich.” “More than 1.1 million people are underemployed and can’t find enough work. People need second jobs to survive — this is, sadly, the face of inequality crisis in Australia.” “Too many Australians, and in particular young people, cannot find work. If they can find work they can’t find enough.” “Every one of these problems comes from corporations and the very rich having too much power, while the rules that are meant to balance this out are broken.” “The Turnbull Government is fuelling inequality and denying it exists. “ “The Turnbull Government’s neoliberal agenda is hurting people and their families. Instead of helping people increase their wages and secure their work, they’re attacking unions, the very people who can lift wages by negotiating on behalf of workers.” “It is refusing to crack down on corporate tax evasion and corruption, preferring to cut taxes for corporations while ignoring the need for a Royal Commission into the banking industry.” “The rules at work are broken. If people want higher wages and more secure work, they need to join their union so we can change the rules.” ENDS

The oligarchy at work again, after most governments have handed them the keys to our / their nations, the keys are globalisation and free trade just in case you didn't know.

But most people while they can still catch two football games in the same night with a few frothies and feed the family wont mind.

It's when they cant do this any more that they will stand to be heard and that day isn't that far away.

Need to reform all the “temporary skilled migration” rules too while we are about it, then boost TAFE, STEM subjects in secondary and tertiary education and so on.

Get rid of the idiotic MTM, get back to rolling out FTTH beginning with getting fibre to business precincts, schools, hospitals etc. The SA govt is on the right track with its GigCity programme but needs to widen that much more.

There also needs to be a much larger, more proactive programme of checking workplace entitlements are being paid.

We could also make offshoring our jobs illegal and bringing in 457 visa workers.

But why stop there, let our government take over the riches of this fine land all the cash cows that have been handed over to the oligarchy.

Like oil and gas, mining, our utilities and Telco bring back a national bank and lets get rid of the oligarchies central bank where we have to pay back monies with interest.

If we did all that there would probably be no need for personal tax and our pensioners would be eating of the top shelf.

Does this sound so alien that a country take charge of its assets for the benefit of the people...??

It's only going back to Keynesian economics which most countries prospered under rather than the neo-liberalism agenda of Milton Friedman which is what we have today.