ralph ..
Yes, it's more polite that saying 'lying' or 'spinning bullpoo'!
We know you tories have trouble with the truth.
Ok.. the WEF table is bullpoo.. They simply asked Citizen Murdoch and Citizen packer which countries they thought were run best by corporations like themselves.
Apparently China with a NINE PERCENT growth rate for a QUATER OF A CENTURY doesn't even rate, but New Zealand does!
BWAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAAHAHAHAHAHAAHAHAAAAAAA
"The WEF index was based on a poll of 11,000 business leaders"
is in bed with Big Business, the tory elites rule the media and set up the only International bodies the tories support, the ones their Corporate mates OWN AND RUN!
BWAAAAAAAAAAAAAAAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAAAA
Heather Ridout is Chief executive of the Australian Industry group.. it is never any surprise to find them supporting Big Business wanking, such as the WEF puff piece from the self-selected opinions of business elites! What is of interest is when one of these business insiders tells an uncomfortable truth, ..then the tories ignore it and say.. 'look at this instead' B^)
Outback Nukes not a bad idea......mkayAustralia could be 'nuclear dump' Australia should offer to store the world's nuclear waste in its vast desert interior, says former prime minister Bob Hawke. The country provided the safest geological location in the...
Which are:- Keatings financial system reforms, from which the tories inherited 4% growth, and have steadily failed to maintain it by pumping debt driven consumption.
tory 'reforms'? Workplace Agreements (reduced productivity effects) and a new, mammoth, tax gouge, indexed on inflation!
Sure.. the only ones we have had have been Keatings reform of the financial sector.. when are you tories going to acknowledge that the growth rate you inherited is his legacy and yours is declining growth, mammoth debt, reduced productivity and RECORD HIGHEST TAX GOUGING! Not to mention draconian legislation removing rights, not just from workers, but all citizens.
what.. a new tax is a 'reform'? BWAAAAAAAAAAAHHAHAHAHAAAAAAA!
tory 'structural reform' has produced a frightened, insecure, casualized workforce with mammoth debt and risinf living costs in health, education transport and housing... and disasterous productivity declines;
During the tory governments misrule;
"Australia's productivity tank has run out of gas. Australia has lost one-sixth of its market share in manufacturing and service exports - its WORLD market share. $6 billion has been wiped off manufacturing exports in the last three years." - HEATHER RIDOUT, AUSTRALIAN INDUSTRY GROUP ABC Four Corners
Hence we borrow to buy the things we want. Nations that continue ot do that get punished by the global markets, eventually.
"It means that we're going to find declining per capita wealth generation in Australia. We're going to have slow economic growth, we're going to lose compebreastiveness against our Asian neighbours. For example, in manufacturing, China is setting the world price for our industry. We have to keep reducing prices, not putting them up. We have to absorb huge cost increases. And if we haven't got productivity to generate the capacity to do that, we simply will have to shed jobs and investment will leave Australia."
"Labour market specialist Professor David Peetz has done a four-year study of individual contracts, to be released as a book breastled 'Brave New Workplace'. A highly respected IR academic, Professor Peetz's work is often cited by the unions as supporting their cause. He's closely studied the government's reforms.
What the changes will do is they will lead to the loss of penalty rates, the loss of overtime. That isn't the same thing as increasing productivity. What that does is increases profits. But it doesn't mean that if you cut somebody's penalty rates that for a waitress in a cafe, that she's carrying more plates per hour out to the restaurant. It means that she's just getting paid less for it. So people talk a lot about this being about increased productivity but it isn't actually increasing productivity, it's increasing profits."
As for competing with China and India...
"It doesn't matter how much you cut penalty rates. It doesn't matter how much you cut overtime rates. It doesn't matter what you do to flexibility of working hours, what you do to wages. You're never going to be able to compete with China and India on wages, on labour costs, it's as simple as that. The way you compete with these countries is you compete on skill, you compete on innovation, you compete on quality. What are these changes going to do to promote skill, innovation and quality? - PROFESSOR DAVID PEETZ, SCHOOL OF BUSINESS, GRIFFITH UNIVERSITY:
Professor Peetz's research shows collective bargaining delivers higher productivity growth than individual contracts.
"Those who give up essential liberties for temporary safety deserve neither liberty nor safety." - Ben Franklin
