Archive for March 3rd, 2009
Public servants: lights, cameras but no action so far
Posted by John, March 3rd, 2009 - under Labor Party, Living standards, Public Service, Resistance, sackings, Strikes, Trade unions, unemployment, Unions, Wage cuts, Wage freezes, Wages.
Tags: ALP, Australian politics, Capitalism, Community and Public Sector Union, CPSU, efficiency dividend, Fighting back
Comments: none
Strikes could force this ‘meat axe’ Government to back off attacking public servants. Ads and ALP affiliation won’t.
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Executive salaries – let workers decide
Posted by John, March 3rd, 2009 - under Labor Party, Trade unions, Unions.
Tags: ALP, Australian Council of Trade Unions, Australian politics, Big business, Bosses pay, Capitalism, Democracy, Economics
Comments: 2
Give the union members in the company the determining vote on their executives’ annual remuneration packages.
Interest rates unchanged
Posted by John, March 3rd, 2009 - under Interest rates, Keynesianism, Labor Party, Living standards, Neoliberalism, sackings, unemployment.
Tags: Australian politics, Banks, Capitalism, Economics
Comments: none
The Reserve Bank of Australia has kept interest rates unchanged. The cash rate remains 3.25 per cent. As the economy tanks – unless the inflation bogey is scaring the Bank more than mass unemployment – the RBA is likely, in my opinion, to slash this figure next month.