Talking Politics | PUNT ROAD END | Richmond Tigers Forum
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Talking Politics

Brodders17 said:
can someone clarify, with Morrison sick, whether we currently have Barnaby Joyce as our acting PM?
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Nope. ScoMo will continue to be our fearless PM, risking his health, steering us through international crisis and local crisis, whilst making sure his family have plenty of curry to eat.

And we're bound to have twice daily, min, video updates from him on Facebook or TikTok
 
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it is hard to remember with all the leadership changes in both the Libs and the Nats since they formed government, but did people actually vote for Barnaby Joyce to be our deputy PM?
 
The cost of living is rising fast in this country.
The economy may be going well but wages are not rising in line with inflation.
Petrol was $2.05 a litre when I filled up today.
Grocery bills increasing rapidly.
Many Australians are being hit hard.:(
 
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Tigers of Old said:
The cost of living is rising fast in this country.
The economy may be going well but wages are not rising in line with inflation.
Petrol was $2.05 a litre when I filled up today.
Grocery bills increasing rapidly.
Many Australians are being hit hard.:(
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And then interest rates will rise to curb inflation..............
 
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Tigers of Old said:
The cost of living is rising fast in this country.
The economy may be going well but wages are not rising in line with inflation.
Petrol was $2.05 a litre when I filled up today.
Grocery bills increasing rapidly.
Many Australians are being hit hard.:(
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I am starting to get concerned that the horse has bolted. something needs to be done about stagnant wage growth and job insecurity (both are which are rare Liberal policies that have been effective). And fast.

The company I worked for just made a $200 million profit over 6 months and we are only getting 9% over 4 years. They had the gall to spin it into 9% over 3 years, but we got no pay rise at all in 2020 (despite the industry massively benefitting from COVID), which makes it 9% over 4 years.
 
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One thing we can't blame ScoMo for is the floods. We know he didn't hold the hose and accidently left it on. But in saying that, what was the location of the hair salon where he washed that woman's hair?
 
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Ian4 said:
I am starting to get concerned that the horse has bolted. something needs to be done about stagnant wage growth and job insecurity (both are which are rare Liberal policies that have been effective). And fast.

The company I worked for just made a $200 million profit over 6 months and we are only getting 9% over 4 years. They had the gall to spin it into 9% over 3 years, but we got no pay rise at all in 2020 (despite the industry massively benefitting from COVID), which makes it 9% over 4 years.
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But, but, but, the big wigs are doing ok, that's all that matters :mad:

www.abc.net.au

How much more than you does a CEO earn?

Compared to average Australians, CEOs earn an astronomical amount, watch the pay gap tick over in real time.
www.abc.net.au www.abc.net.au
 
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Ian4 said:
I am starting to get concerned that the horse has bolted. something needs to be done about stagnant wage growth and job insecurity (both are which are rare Liberal policies that have been effective). And fast.

The company I worked for just made a $200 million profit over 6 months and we are only getting 9% over 4 years. They had the gall to spin it into 9% over 3 years, but we got no pay rise at all in 2020 (despite the industry massively benefitting from COVID), which makes it 9% over 4 years.
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The horse bolted a while ago. Neo-liberal economic policies have made sure of that.

Insecure work and weakened unions mean less of the economic pie goes to those who actually work as opposed to those who own capital.

The result? As follows:

In the December quarter just 46% of GDP went to the compensation of employees – 1.5 percentage points lower than it was two years earlier and lower than at any time in recorded history.
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From: https://www.theguardian.com/busines...-its-a-distorted-snapshot-of-the-true-picture

That's right, even with massively unequal wages, meaning that CEOs and the like are getting a higher proportion of income paid as wages, the share of wages as a percentage of GDP is dropping. That means that the wages of average workers as a proportion of GDP would be dropping even faster.

DS
 
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Ian4 said:
I am starting to get concerned that the horse has bolted. something needs to be done about stagnant wage growth and job insecurity (both are which are rare Liberal policies that have been effective). And fast.

The company I worked for just made a $200 million profit over 6 months and we are only getting 9% over 4 years. They had the gall to spin it into 9% over 3 years, but we got no pay rise at all in 2020 (despite the industry massively benefitting from COVID), which makes it 9% over 4 years.
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Geez, that's not the experience in most industries. With unemployment so low wages are on the move.

In logistics wages have exploded, there are so many options for workers and not enough staff.

We pay well over the award but we are now paying basic warehouse workers $32/hour. It was $28 a year ago.

We cannot get container staff through most labour hire companies.

Transport companies cannot get drivers, wages for interstate drivers are at record highs.

A friend who runs a car dismantling and spare parts business is paying $50/hour for guys to take cars apart.

Surely inflation must be about to increase significantly?
 
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DavidSSS said:
The horse bolted a while ago. Neo-liberal economic policies have made sure of that.

Insecure work and weakened unions mean less of the economic pie goes to those who actually work as opposed to those who own capital.

The result? As follows:
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You mean those who take the risk of losing everything and work twice as many hours and often don't get paid?

Yeh, those greedy bastards.

You surely have never run a business.
 
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DavidSSS said:
The horse bolted a while ago. Neo-liberal economic policies have made sure of that.

Insecure work and weakened unions mean less of the economic pie goes to those who actually work as opposed to those who own capital.
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Trickle down economics is a lie, always has been
Unions largely have themselves to blame. Noone is stopping anyone joining a union and not many do
 
Baloo said:
One thing we can't blame ScoMo for is the floods. We know he didn't hold the hose and accidently left it on. But in saying that, what was the location of the hair salon where he washed that woman's hair?
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Did you see that Dutton started a Go Fund Me campaign to get people to chip in for disaster relief?

Even Mel Brooks couldn't make this stuff up!
 
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MD Jazz said:
You mean those who take the risk of losing everything and work twice as many hours and often don't get paid?

Yeh, those greedy bastards.

You surely have never run a business.
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I provided evidence, the reality is that wages are the lowest proportion of GDP we have ever measured.

Do you have evidence that owners of capital work more hours and don't get paid? Looks like they are getting more than they ever have before.

DS
 
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DavidSSS said:
I provided evidence, the reality is that wages are the lowest proportion of GDP we have ever measured.

Do you have evidence that owners of capital work more hours and don't get paid? Looks like they are getting more than they ever have before.

DS
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Of course I do. Have done small business tax for 25 years. Seen good, bad etc etc. the biggest headache for any business is staff. Good ones always get looked after. Bad ones cost in dollars, time, stress, etc etc. Not one didn’t reward the better employees above and beyond. I didn’t deal with orgs larger than 30 employees but in small business good employees are gold and are looked after.
Most small business owners do 70 plus hours a week. And go to sleep and wake up thinking about their business. It’s rarely easy.
 
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