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I.R laws how have they affected you??


Steve.

Its not the first time Ive seen your arguement. Ive also been approached by friends and friends family members with similar situations.

When they and I'm sure yourself are honest with yourself I'm sure you'll find as they all did that the issue was more one of FEAR of losing the income they need to live and support their family than it was to do with their employment situation.

Procrastination can be a silent killer as often we dont identify it.

But I'll bet you can associate with this----

"The best decisions are often the Most difficult to make"

The secret is in my veiw to Take control of YOUR life. This doesnt mean we all have to be employers but it does mean placing ourselves in a position where we CAN control our out comes best we can---regardless of what is thrown at us. To do this often we need to make very difficult decisions,even though they are staring us in the face!

How's business?
 
I have sacrificed overtime, leave loading and 1 RDO per month (as a function of changing employer then signing a new agreement a few weeks ago). My personal gross income is over 50% higher than it was 14 months ago...
don't get me wrong Mofra, Aus used to be the laughing stock of Asia when we told them we made more money on holidays (with leave loading) than we did at work

But I still think that there's a principle being thrown out here - protection of the disadvantaged ( and we're not all supertechs, tech/a, lol) - and as John Button said, what happens if there's a downturn.

I am genuinely in two minds (which is about a minimum for my mind lol, poly- phrenia) -

Nor do I think that employers should be discouraged from taking on employees because of draconian anti-dismissal laws. As I posted elsewhere, I had my house on the line as a director of a company employing 36 people (at its peak) - but every now and again someone would rip you off, and you were therefore very cautious - and also spent far too much time discussing industrial relations matters etc with the blokes, instead of getting some swarf on the floor to help cover your costs. - and (in the final analysis) make a profit for everyone to share
(PS that company since disbanded, you wonder why Im broke lol)
 
I'm a product of the early eighties recession when it was almost impossible to find a job.
This boom will come to an end one day and when it does these AWA's will really get used to their full potency.
I am very worried about these laws as is over 200 other people i work with.
I know for fact that a lot of these peole did not vote for Labour at the last election the same as me.
Almost all have indicated they are sick of Howard and his lies and are very scared of these AWA's being forced on us when our EBA runs out.
They will ( including me - i have not voted Labour in over 10 years ) vote Labour at the next election to protect their incomes and jobs full stop.

Cut wages and people do not spend.
People not spending will lead to a slow down.
Slowdowns lead to lay offs.
Lay offs will lead to retraction in the economy.
A prolong retraction of the economy will lead to recession.
 

At the risk of being crucified, how do people think we should curb the wage growth that has led to the Australian worker being uncompetitive with the emerging economies? Australian labour is among the most expensice in the world. Trades people are making more than experienced managers in many cases. In manufacturing, margins are tight because of, among other things, high labour cost. This is forcing many manufacturers off shore.

Reasonable wage growth is acceptable, but unions negotiating wage increases far above the CPI increase serves no purpose other than to eventually price thier recipients out of a job.

What really gets me annoyed is when these same people invest in shares. What do they think companies will be doing to increase shareholder returns? Increase wages? Hire more people? Companies will outsource, automate, find cheaper labour, cheaper materials, usually to the detriment of Australian workers.

The only thing supporting higher wages at the moment is the tight labour market. Once demand for the resources wanes, so will the jobs, and the labour market will be flooded with supply.

What will Australia have to give if it cannot compete in manufacturing at all, and the demand for minerals tops out?

I don't agree with everything the libs have done either, but what do you suggest the people of Australia need to do to curb unsustainable wage growth?

Cheers,
 
I totally agree with crazy canuck.What happens to the Small Businesses when the economy contracts if we go back to increased wages and inflexible conditions? As small business owners we may not only lose our job but also personal assets.
 
Then there's the countless number of news items along these lines
Unsutainable wage growth includes unsustinable growth in directors fees.


Does anyone remember Ted Mack - now there was a man of principle. Retired two days before he was entitled to what he considered to be overgenerous superannuation payout - what a man !!
 
Good point on the director and CEO fees 20/20, i agree totally.

Cheers,
 
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