September 4, 2019

The other day I met my old friends Marcia and Ann for lunch at Babka in Brunswick Street. It was good to catch up again.

Babka is just a couple of blocks away from where Jack Irish’s mates reminisce about the Fitzroy Football Club. When Sasha Lewis and her partner Frieda sold Fitzsimons in Lonsdale Street in the late 80s, they paused briefly and then set up Babka.  Frieda has now retired, and Sasha runs it on her own. It has a cult following.

The menu has a Russian theme and the best bread in Melbourne is baked on the premises by Sasha’s son. There are no bookings and patrons wait in line for a...

November 2, 2017

In the spirit of the famous Harvester case, ACTU secretary Sally McManus is proposing an overhaul of the national minimum wage to better account for the reasonable needs of an average sized family. The ACTU wants a “living wage” that takes into account the cost of renting a two-bedroom flat in a working-class suburb of Sydney or Melbourne, the cost of providing a balanced diet for a family of four, the cost of running a car, as well as electricity, gas, and childcare, with a little over to be able to take the family out for a meal or to a footy match. The aim is to fix the minimum wage at 60%...

February 27, 2017

Last week, when the Fair Work Commission handed down its decision to reduce Sunday penalty rates by up to 25%, the headline response from the ACTU (Ged Kearney) and the ALP (Mark Dreyfus) was that this would result in a loss of up to $6,000 per annum for affected workers.

This claim should not go unchallenged.  Intuitively one can tell immediately that it is an exaggeration.

For a 25% reduction in Sunday pay to result in a $6,000 loss, the worker’s pay would need to have been reduced from $24,000 to $18,000. A person working 8 hour shifts, and working for 45 weeks of the year would work a total...

September 24, 2015

We are pleased when the Reserve Bank keeps interest rates on hold at their low, low levels. For we know that low interest rates encourage consumer spending and that is good for the economy. Where did we learn these fallacies? And why are they perpetuated by our politicians and financial journalists?

 

Our new Prime Minister, Malcolm Turnbull, has indicated that he wants us to be optimistic about the future and his government’s ability to create a prosperous, high wage economy.

 

Now a high wage economy cannot be achieved by fiat. It cannot be achieved by increasing the minimum wage and having that...

March 9, 2015

 

 

At the first suggestion that minimum wages and penalty rates might be subject to review by the Productivity Commission, the ACTU hit the airwaves and the streets to defend their hard won rights. Rights that had been won by physical, economic and political coercion were not to be trammeled by rational debate; the proposals were offensive.  Economics journalist, Peter Martin wrote that there was no evidence to support the contention that minimum wages had a negative impact on employment.

 

Those most adversely affected by minimum wages are those out of work, those for whom the jobs do not exist...

Please reload

October 17, 2019

September 11, 2019

February 21, 2018

Please reload

Recent Posts
Search By Tags
Featured Posts

The Rape Culture in Australian Universities

August 31, 2017

1/4
Please reload

Archive