The Forum > General Discussion > Driving Down Our living Standards By Stealth.
Driving Down Our living Standards By Stealth.
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Kevin just wants to invite more competition from OS but he will bite the bullet and bring in legislation to stop these anti competitive practises,neither did John Howard.The Corporates have too much power and we are now the serfs.In Canada for example you cannot use a preditory price technique to eliminate small competitors from the market.Now on numerous occasions the RBA has moved rates up because of primarily price inflation and not wages inflation.
John Howard tried to reduce living standards through work choices.Initially the work place agreements gave most of the power to the employer,this is why he lost the election.No one has made the connection between lowering of tarrifs and the need to lower wages.Fisher and Paykel have closed down and Mitsubishi look like following.Unlike Canada we don't have a large country like the US at our doorstep as a market for our goods.The rain has kicked in and with food prices on the rise our farmers will improve our exports,but will ordinary Aussies benefit?We have large Corporates exploiting our energy and resources,but you don't benefit unless you have enough money to buy shares and the taxes taken from these Corp have been put in a pollies future fund rather than being spent on infrastructure.We are not well managed at both a Federal particularly at a State level.
Those on the board of the RBA are primarily ex CEOs or directors of large corporates.What empathy would they with the plight of ordinary Australians?I think it is about time we stopped large donations by the Corporates to any party,since the individual is being screwed.