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I believe Keating did bring us the Howard golden years..
But we are now and since late Howard into socialism.. Kennet vs Victoria 2024.
On a nation scale
I believe Keating did bring us the Howard golden years..Free market capitalist ideology promoted by both parties, starting with Hawke/Keating reducing tariffs and continued with a reluctance to support Australian businesses with the mantra "the market will fix it".
Well, the market has stuffed it (us) afaic, and we need to get real about what other countries are doing with subsidies, tariffs etc and put the ideology aside.
God forbid those foreigners get the old folks retirement nest egg , before the CBA erodes it to nothing with fees and chargesPurely for the data as we are all aaare of the site bias
Baby boomers take their wallets overseas
The latest data from CBA, released last month, showed that older Australians are spending freely while younger Australians are cutting back. As illustrated above, Australians aged 70-plus increased their spending on discretionary categories by 8.0% in the year ended 30 September, nearly three...www.macrobusiness.com.au
Restauranteurs demand visa slaves
Sydney restauranteurs have urged the federal government to increase immigration to alleviate the alleged labour shortages in the industry. “A report released by Business NSW on Wednesday found eight in 10 businesses have had to boost pay or offer better conditions over the past year to stay...www.macrobusiness.com.au
Its hilarious to watch greedy business owners complain about how we need to import more foreigners because "nobody here wants to work". Its absolute nonsense. People would be happy to work in hospitality if pay and working conditions were better. I have worked hospitality in the past and left to work in other industries for higher pay and better working conditions. Its not that there won't be enough people to work. There won't be enough people to work with the current shocking labour conditions and low pay. Companies will adjust by paying more and treating staff better. And honestly most customers would not object to paying 5% more for their meals if it meant pay and working conditions for employees were good and the industry focused on employing local talent. The customers would end up getting better service by paying that little bit more.
But apparently restaurants will shut down if they don't get access to foreign slave labour. Just like farmers cried a few years ago about how if they had to pay the actual legal minimum wage instead of scamming the system via the loophole of per kilo piece rates they would go out of business. But it was also just nonsense and the farming industry adapted just fine.
So many problems in Australia could be resolved by just clamping down on immigration (including student visas and backpackers, etc).
Not with our dismal education sytem, which for the last 15 years had dumbed down standards, to facilitate everyone getting through and coming out with a participation degree IMO.Not rosy reading but , from their ABC
In summary, do we even have the expertise and know how to do more than cattle, grain and digging/shipping dirt?Redflow was the great hope of Australian manufacturing. Its collapse left customers with broken batteries
Redflow had political backing and a soaring ambition to sell energy storage to the world, but its $10,000 batteries regularly failed within months of installation leaving customers out of pocket.www.abc.net.au
MY oldest son, same as you wanted to use Redflow, thankfully they never responded to his emails and he installed BYD batteries in the off grid system, it's now about 3 years and still running well.The Batteries had always been made in Thailand, and they had persistent supply quality problems in the raw materials which transferred into the finished product.
It was one of the reasons that they decided to shift manufacturing back to OZ.
There is no garauntee of course that had they managed to get the batteries manufactured here it would have alleviated their quality control problems.
This company has cost me a lot of money, not just in the capital loss I made on the shares, but also the fact that I am going to have to replace the two batteries I have with something else.
The two batteries plus installation were about $25,000.
Will have to spend at least that much again.
Mick
Whay do they want the baby boomers to do spend nothing of what they saved during their working lives, so that they can pay for their own aged care as well. LolPurely for the data as we are all aaare of the site bias
Baby boomers take their wallets overseas
The latest data from CBA, released last month, showed that older Australians are spending freely while younger Australians are cutting back. As illustrated above, Australians aged 70-plus increased their spending on discretionary categories by 8.0% in the year ended 30 September, nearly three...www.macrobusiness.com.au
Keep their money at CBA so that the gov can seize it at the next big financial market freeze.Whay do they want the baby boomers to do spend nothing of what they saved during their working lives, so that they can pay for their own aged care as well. Lol
remind me of the last time, please.Keep their money at CBA so that the gov can seize it at the next big financial market freeze.
How dare you use your money!
I think the frog is remembering the last time in Europe.remind me of the last time, please.
about what they hope for , might not work out like that some BBers were real mavericks ( and often successful being that way )Whay do they want the baby boomers to do spend nothing of what they saved during their working lives, so that they can pay for their own aged care as well. Lol
It would be good to see a spark of growth.Some good news for a change, maybe.
Households are starting to spend again after holding back for months
After months of saving, households are starting to feel confident enough to spend. Some economists say it is an early indication the stage 3 tax cuts are finally having an impact.www.abc.net.au
As someone who has recently worked in the hospitality industry (as a second job/side hustle) I can tell you its absolute nonsense. Who told you this? And one look at Job ads on seek will confirm it.I was told that most hospitality staff are on $40 - $50 per hour, plus extra for weekends and holidays. The chef and cooks are on more.
As someone who has recently worked in the hospitality industry (as a second job/side hustle) I can tell you its absolute nonsense. Who told you this? And one look at Job ads on seek will confirm it.
Most restaurants and hotels pay the hospitality industry award (HIGA) which has a base rate of $26 per hour for permanent wait staff (and slightly more for cooks, etc) and $32 base rate per hour for casuals. Around the same for stewards, hosts, etc. Line cooks will be paid slighlty more. Most chefs will be on salary and do a decent amount of unpaid overtime.
Sure there are some accomplished career waiters with 5 - 15 years experience working full time at famous fine dining restaurants earning a $35 - $40 per hour base rate but that would be less than 5% of wait staff in the industry.
The typical hourly rate for a Chef probably works out to something around $35 average rate once you factor in the unpaid overtime they do as a a salaried worker (the majority are on salary) and maybe around $40 average rate for a head chef unless you are talking about a head chef at some prestigious fine dining restaurant or 5 star hotel, etc which would be on more money.
More recently than WWII, in the Greek/Cyprus drama.I think the frog is remembering the last time in Europe.
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