[BITList] This one is right on the money. Pardon the pun.

[John Feltham]

G'day Folks,

If you’re wondering why Australia’s business community would be seeking to cut workers’ pay when their profits are up by 39.7% on last year alone, there’s an answer, and it’s greed. 

A massive $65bn company tax cut that the Liberal/National government handed over to the business community in this budget did not actually slake corporate Australia’s thirst for more, more, more. 

Just in the March quarter, company profits rose by 6%. Wage growth: 0.3%.

It’s claimed that 700,000 pay packets will be affected when Australians check their bank accounts this coming week. What’s the reverse of an unexpected windfall? I guess it’s a punch in the face – and the workers affected have been punched hard, with some estimated to lose up to $6,000 a year.

http://tinyurl.com/yackbq79 <http://tinyurl.com/yackbq79>

The supporters of Malcolm Trumble's National and LNP Government claim that it was not them who made the changes but the Fair Work Commission.

Who do you blame? It’s what’s called a "no brainer” question!

So I’ll say it again, it is GREED.

It is a fantasy that wealth will “trickle down”; it doesn’t, it stays in the bank accounts and shares of the rich.

They also say that the pay cuts will result in more jobs.

And that too. is pure bovine excreta.



ooroo




 
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