In its submission to the current minimum wage case, Australian Chamber of Commerce (ACCI) and Industry has put that Australia cannot afford it. It wrongly suggests that Australia already has one of the highest minimum wages in the world and poses higher wages as counter to creating jobs. Continue reading Big business and Morrison government want the minimum wage frozen→
Joe Biden’s big stimulus package for the United States is extensive and contains within it Many good initiatives. More than 3000 kilometres of roads, the remaking of bridges, ports, and water systems. And there is a big boost in investment in research to eliminate carbon emissions. Continue reading Joe Biden’s stimulus package is not enough on its own→
If we believe the political hype, the world is bouncing back nicely from the Covid-19 disaster, and this includes Australia.
Unemployment is said to be going down. It is said that the numbers say so. This covers up, of course, that a large part of this is the rise of casual and part time work to replace former full time and permanent jobs. Continue reading Something is seriously wrong with the global economy→
The proof is there. Ever since the introduction of JobKeeper last year, there had been allegations that the system was being milked by big business. An analysis by corporate governance advice firm Ownership Matters, shows that 34 of the biggest companies on the Australian Stock Exchange have pocketed $284 million of the government handout. Continue reading Big business rorted JobKeeper and others are expected to go without enough to live on→