I strongly agree that if unions and employees continue to expect inflation-linked pay rises without productivity improvements it would result in total disaster.
John Smith wrote on Nov 5
th, 2014 at 8:22am:
the push to bring our wages to 3rd world standards is really in high gear now that the monkey is PM ...
business needs to accept that this isn't China and our wages need to match our costs of living ... when was the last time business accepted a cut in profits?
Majority of business are struggling and by pushing for inflation-linked pay rises without productivity improvements to pay for the increase in wages, all your doing is simply bankrupting the people who employ workers,
When i talk about business struggling i'm not talking about woolies, bunnies, Kmart, big business can handle inflation-linked pay rises without productivity improvements, but small/middle business like mine, just cant, and would ether push the rest of us overseas or bankruptcy, most business are struggling as bad as workers today.
Majority of business dont get corporate welfare and tax concessions often isnt that much, the left needs to stop views all business as one big business, because its not.
When I was talking to Ahovking about 12 months ago about how lowering trade barriers and signing free trade agreements was eroding aust wages and standard of living, he said that was BS. And now he tells us that
that we have to cut wages. Cutting wages to compete with slave labour O'seas is a mugs game. The only possible end is healthy profits for Ahovking and slave wages for everyone else all round. And dont forget Ahovking, contributes nothing to this economy. He employs o'seas but sells to the aust market to take advantage of our higher wages knowing that by the time aust wages reach parity he will have diversified or retired leaving our families to struggle with the miserable effects of constantly declining wages. And all the time this guy who contributes nothing to our economy and takes every opportunity to talk down aust wages is getting tax concessions and welfare from this government, why??? Because he thinks he's entitled. The age of entitlement. Time we took a stand against these bludging bast@rds.