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News
Doom Always Predicted When Low Wages Rise
28 October 2006
What a miserable and disgusting lot our so-called business leaders are. Every time our lowly paid are granted any increase in wages, heads of business associations howl in protest with predictions of job losses, rises in inflation and interest rates, etc, etc ("$27 pay rise could lift unemployment", October 27). On the day when workers were granted a princely increase of 3.75 per cent, the ANZ bank, where many of the same workers no doubt have mortgages, announced a profit increase of 16 per ..... read full story
