At last, as the election campaign reaches the final stretch, we’ve found something worth debating. Anthony Albanese has found his spine and, while Scott Morrison says a decent rise for the masses is a terrible idea that would damage the economy.
Between them, the two contenders have revived and highlighted the oldest stereotype in Australia’s two-party politics: the Labor Party is - surprise, surprise – the party of ordinary workers, and will always champion their interests, whereas the Liberals are the party of business, and will always champion the interests of business.
A 5 per cent increase in the national minimum wage would be worth about $1 an hour or about $2000 a year. Note, however, that many of those in more skilled award classifications would be earning much more than that.The rises the industrial parties ask for in hearings before the commission are always “ambit claims”. The Australian Council of Trade UnionsOn the employer side, the Australian Industry Group says the most its member businesses could possibly afford is 2.5 per cent.
That’s particularly because the commission can be expected to allow for the 0.5 percentage-point increase in employers’ compulsory contributions to their workers’ superannuation accounts this July. The unions would love to have their cake and eat it, but I doubt they’ll be allowed to. I think it’s easy to exaggerate the economic cost of giving our lowest-paid workers a decent pay rise. Small business always cries poor and warns jobs will be lost. But there’s little empirical evidence that higher wages lead to job losses.
It won't be easy under Albanese and there won't be any sun under Morrison.
And the less people will be able to afford their Age subscriptions
Australians see how stupid Albos plan is. What he gives you in one hand he will take more from the other in taxes.
arguing over a dollar an hour - just leave this here!
And if no one has any money who will be buying products and services from these businesses - FFS 🙆♀️🤦♀️
Yes it will. How dare anyone be paid thousands whilst people are on $22 an hour, the media included. Standing up there on 6 figure salaries ranting about inflation Disgraceful. auspol ausvotes AusVotes2022
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