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General Discussion >> Federal Politics >> Whats The Current National Minimum Wage?
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Message started by whiteknight on Nov 8th, 2019 at 6:00am

Title: Whats The Current National Minimum Wage?
Post by whiteknight on Nov 8th, 2019 at 6:00am
$19.49 per hour   :-?
What is the current national minimum wage? The national minimum wage is currently $19.49 per hour or $740.80 per 38 hour week (before tax). Casual employees covered by the national minimum wage also get at least a 25% casual loading.

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 6:22am
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law

Title: Re: Whats The Current National Minimum Wage?
Post by Sir Spot of Borg on Nov 8th, 2019 at 6:23am
Isnt it a different minimum per industry and job?

This country you need more money to pay rent than anywhere else i expect

Spot

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 6:42am

Sir Spot of Borg wrote on Nov 8th, 2019 at 6:23am:
Isnt it a different minimum per industry and job?

This country you need more money to pay rent than anywhere else i expect

Spot


And why is that do you suppose
could it be that houses are very expensive to build in Australia
Could that be because the workers who build them
The truck drivers who deliver the goods to the building site
The public servants that approved the plans
The guys to connect to the NBN and the electricity and the water are all on the highest wages in the world

If everybody building a house is on the world's highest wages
You are going to construct the world's most expensive house
and then you are going to have to charge the world's highest rents to cover the cost

So white night is going to see the cost of houses and the rents become even more exorbitant

It's important that you attack white night for this sort of reprehensible behaviour

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 6:55am

aquascoot wrote on Nov 8th, 2019 at 6:42am:

Sir Spot of Borg wrote on Nov 8th, 2019 at 6:23am:
Isnt it a different minimum per industry and job?

This country you need more money to pay rent than anywhere else i expect

Spot


And why is that do you suppose
could it be that houses are very expensive to build in Australia
Could that be because the workers who build them
The truck drivers who deliver the goods to the building site
The public servants that approved the plans
The guys to connect to the NBN and the electricity and the water are all on the highest wages in the world

If everybody building a house is on the world's highest wages
You are going to construct the world's most expensive house
and then you are going to have to charge the world's highest rents to cover the cost

So white night is going to see the cost of houses and the rents become even more exorbitant

It's important that you attack white night for this sort of reprehensible behaviour


What the bugger are you talking about?

What reprehensible behaviour?

All he's doing is telling us what the minimum wage is.

He's not asking for it to be raised.

Do you actually read posts before you comment on them?

He's providing us with important information, and you're telling everyone that he should be attacked for it.

MODS?    :-/

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 8:15am
Spot is pointing out quite rightly the housing is becoming unaffordable in Australia


If we are able to lower the national minimum wage
It will become much cheaper to construct housing
The young people will be able to afford mortgages
And the homeless people will be housed

It is a national emergency to provide affordable housing for our citizens
It is important that white night and yourself recognised this and a lobby for a lowering of the national minimum wage
Will you join myself and the other noble businessman in this quest

Title: Re: Whats The Current National Minimum Wage?
Post by whiteknight on Nov 8th, 2019 at 8:21am
No.   :(

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 8:22am

aquascoot wrote on Nov 8th, 2019 at 8:15am:
Spot is pointing out quite rightly the housing is becoming unaffordable in Australia


So why did you say:

"It's important that you attack white night for this sort of reprehensible behaviour"?



Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 8:34am

greggerypeccary wrote on Nov 8th, 2019 at 8:22am:

aquascoot wrote on Nov 8th, 2019 at 8:15am:
Spot is pointing out quite rightly the housing is becoming unaffordable in Australia


So why did you say:

"It's important that you attack white night for this sort of reprehensible behaviour"?



It is important that we attack these ideas
We would never advocate violence against white night

White night and Gregory merely need to be re educated to see the error of their ways

A higher minimum wage makes everything more expensive and then the poor citizens at the bottom suffer terribly

When the minimum wage is too high for food processors then the poor citizens at the bottom cannot afford to eat
When the minimum wage is too high for bus drivers then the poor citizens of the bottom cannot afford to travel

It is paradoxical that it is myself who is being a champion for the poor and downtrodden
White Knight and yourself need to reflect on the fact that you are doing the oppressing of our poor citizens
You should reflect on this minimum wage argument for about 5 years

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 8:40am

aquascoot wrote on Nov 8th, 2019 at 8:34am:

greggerypeccary wrote on Nov 8th, 2019 at 8:22am:

aquascoot wrote on Nov 8th, 2019 at 8:15am:
Spot is pointing out quite rightly the housing is becoming unaffordable in Australia


So why did you say:

"It's important that you attack white night for this sort of reprehensible behaviour"?



It is important that we attack these ideas
We would never advocate violence against white night

White night and Gregory merely need to be re educated to see the error of their ways

A higher minimum wage makes everything more expensive and then the poor citizens at the bottom suffer terribly

When the minimum wage is too high for food processors then the poor citizens at the bottom cannot afford to eat
When the minimum wage is too high for bus drivers then the poor citizens of the bottom cannot afford to travel

It is paradoxical that it is myself who is being a champion for the poor and downtrodden
White Knight and yourself need to reflect on the fact that you are doing the oppressing of our poor citizens
You should reflect on this minimum wage argument for about 5 years


Whiteknight merely reported on what the minimum wage currently is.

At no stage did he, or I, say that it should be increased.

Yet, you say he should be "attacked for this sort of reprehensible behaviour".

What the bugger is wrong with you?

Seriously.

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 9:10am

greggerypeccary wrote on Nov 8th, 2019 at 8:40am:

aquascoot wrote on Nov 8th, 2019 at 8:34am:

greggerypeccary wrote on Nov 8th, 2019 at 8:22am:

aquascoot wrote on Nov 8th, 2019 at 8:15am:
Spot is pointing out quite rightly the housing is becoming unaffordable in Australia


So why did you say:

"It's important that you attack white night for this sort of reprehensible behaviour"?



It is important that we attack these ideas
We would never advocate violence against white night

White night and Gregory merely need to be re educated to see the error of their ways

A higher minimum wage makes everything more expensive and then the poor citizens at the bottom suffer terribly

When the minimum wage is too high for food processors then the poor citizens at the bottom cannot afford to eat
When the minimum wage is too high for bus drivers then the poor citizens of the bottom cannot afford to travel

It is paradoxical that it is myself who is being a champion for the poor and downtrodden
White Knight and yourself need to reflect on the fact that you are doing the oppressing of our poor citizens
You should reflect on this minimum wage argument for about 5 years


Whiteknight merely reported on what the minimum wage currently is.

At no stage did he, or I, say that it should be increased.

Yet, you say he should be "attacked for this sort of reprehensible behaviour".

What the bugger is wrong with you?

Seriously.



I must apologise in that situation
if white night is calling for the minimum wage to be reduced to a more sensible level of say $15 an hour
And this will certainly lower the cost of living

White night
Congratulations on your call for the national minimum wage to be reduced to a sensible level

Title: Re: Whats The Current National Minimum Wage?
Post by juliar on Nov 8th, 2019 at 9:21am
Geez the chronically silly old Blackday geezer is really worried about his Newstart being underpaid.

Title: Re: Whats The Current National Minimum Wage?
Post by whiteknight on Nov 8th, 2019 at 9:26am
I am not calling for the national minimum wage to be reduced.  What I am calling for is an end to wage theft.   :(         

Title: Re: Whats The Current National Minimum Wage?
Post by Bam on Nov 8th, 2019 at 9:28am

Sir Spot of Borg wrote on Nov 8th, 2019 at 6:23am:
Isnt it a different minimum per industry and job?

This country you need more money to pay rent than anywhere else i expect

Spot

Anyone who whines about the high minimum wage and wants to lower it should also expect average rents to fall by the same percentage.

Nobody can afford rent of $350 a week with a $500-a-week minimum wage without living in abject poverty. No, we do not need more millions of working poor.

Rents will have to fall, housing prices will follow, and this will bring on an economic downturn, maybe even a recession.

Title: Re: Whats The Current National Minimum Wage?
Post by philperth2010 on Nov 8th, 2019 at 9:31am

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Not paying the minimum wage is breaking the law you smacking idiot....But it is revealing to see that the typical Coalition scum bag thinks is important to maximize the profits of foreign Multi Nationals whilst driving down wages and conditions in Australia to support profit over people....Let Aqua's bullshit rant be a warning to anyone stupid enough to vote for the Coalition....These new free (workers) trade deals are undermining our wages and conditions with the blessing of the Coalition and it's supporters....You have been warned!!!

::) ::) ::)

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 9:31am

whiteknight wrote on Nov 8th, 2019 at 9:26am:
I am not calling for the national minimum wage to be reduced.  What I am calling for is an end to wage theft.   :(         


All we ask is that employers obey the law.

aquascoot, however, says that those who break the law are heroes.



Title: Re: Whats The Current National Minimum Wage?
Post by Bam on Nov 8th, 2019 at 9:33am

whiteknight wrote on Nov 8th, 2019 at 9:26am:
I am not calling for the national minimum wage to be reduced.  What I am calling for is an end to wage theft.

Too right. It's ridiculous that it takes years for underpayment to be remedied.

If the system was working right, court action could be undertaken after 90 days, and a court order obtained to seize the property of the business as payment. Businesses are surprisingly quick to pay their bills when the moving van is in the carpark with the sheriff and security guards and the business's assets are being carted out the door to be sold at auction.

It is especially satisfying to do this to a bank.

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 9:53am

philperth2010 wrote on Nov 8th, 2019 at 9:31am:

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Not paying the minimum wage is breaking the law you smacking idiot....But it is revealing to see that the typical Coalition scum bag thinks is important to maximize the profits of foreign Multi Nationals whilst driving down wages and conditions in Australia to support profit over people....Let Aqua's bullshit rant be a warning to anyone stupid enough to vote for the Coalition....These new free (workers) trade deals are undermining our wages and conditions with the blessing of the Coalition and it's supporters....You have been warned!!!

::) ::) ::)



If we wish to grow the pie so that all Australians can prosper then it is vital that our courageous business people are encouraged to start businesses and create wealth and employment

Certainly speaking to a colleague who recently relocated his business to China
He is extraordinarily happy with the attitude of the workers there

He actually had a crane onsite
And the crane operator I was so grateful to have a job
that he would not vacate the crane on the weekends and his family would come and visit him at the crane and they would send up articles of food and he would send down his washing to be done

The sheer commitment and enthusiasm of such a workforce inspires the businessman to forge forward and create wealth which all can share
Unfortunately this dream seems dead in Australia

It is the job of all Nobel capitalists to try to resuscitate the dying corps of Australian business
It is probably too late but we must at least try

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 10:00am

aquascoot wrote on Nov 8th, 2019 at 9:53am:
He actually had a crane onsite
And the crane operator I was so grateful to have a job
that he would not vacate the crane on the weekends and his family would come and visit him at the crane and they would send up articles of food and he would send down his washing to be done

The sheer commitment and enthusiasm of such a workforce inspires the businessman to forge forward and create wealth which all can share


No point in having wealth if you can't spend time at home with your family.

'Success' is being able to spend quality time with family and friends, doing the things you love.

It's not shitting in a bucket and lowering it down a rope so your kids can empty it.


Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 10:06am

greggerypeccary wrote on Nov 8th, 2019 at 10:00am:

aquascoot wrote on Nov 8th, 2019 at 9:53am:
He actually had a crane onsite
And the crane operator I was so grateful to have a job
that he would not vacate the crane on the weekends and his family would come and visit him at the crane and they would send up articles of food and he would send down his washing to be done

The sheer commitment and enthusiasm of such a workforce inspires the businessman to forge forward and create wealth which all can share


No point in having wealth if you can't spend time at home with your family.

'Success' is being able to spend quality time with family and friends, doing the things you love.

It's not shitting in a bucket and lowering it down a rope so your kids can empty it.



Your attitude is fine for the fat lazy comfortable neutered Tom cat that just wants to sit on the couch and relax.
The Asians to the north have a fire in the belly and are raised buy tiger parents and are determined to become strong powerful dynamic and influential

My guess is that the Tiger is going to eat the Tom cat
The tiger is certainly going to dispossess the Tomcat of his  comfortable place on the couch

Title: Re: Whats The Current National Minimum Wage?
Post by philperth2010 on Nov 8th, 2019 at 10:11am

aquascoot wrote on Nov 8th, 2019 at 9:53am:

philperth2010 wrote on Nov 8th, 2019 at 9:31am:

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Not paying the minimum wage is breaking the law you smacking idiot....But it is revealing to see that the typical Coalition scum bag thinks is important to maximize the profits of foreign Multi Nationals whilst driving down wages and conditions in Australia to support profit over people....Let Aqua's bullshit rant be a warning to anyone stupid enough to vote for the Coalition....These new free (workers) trade deals are undermining our wages and conditions with the blessing of the Coalition and it's supporters....You have been warned!!!

::) ::) ::)



If we wish to grow the pie so that all Australians can prosper then it is vital that our courageous business people are encouraged to start businesses and create wealth and employment

Certainly speaking to a colleague who recently relocated his business to China
He is extraordinarily happy with the attitude of the workers there

He actually had a crane onsite
And the crane operator I was so grateful to have a job
that he would not vacate the crane on the weekends and his family would come and visit him at the crane and they would send up articles of food and he would send down his washing to be done

The sheer commitment and enthusiasm of such a workforce inspires the businessman to forge forward and create wealth which all can share
Unfortunately this dream seems dead in Australia

It is the job of all Nobel capitalists to try to resuscitate the dying corps of Australian business
It is probably too late but we must at least try


So reducing the minimum wages and conditions of Australian workers to third world standards is creating wealth that can be shared....Your statement is contradictory mate....The only wealth that is shared (trickle down economics is Capitalist bullshit) is through Corporate greed and self interest that go to share holders and vested interests....If you do not like Australian's having a decent wage move to China you self serving ass hole!!!

:-? :-? :-?

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 10:15am

philperth2010 wrote on Nov 8th, 2019 at 10:11am:

aquascoot wrote on Nov 8th, 2019 at 9:53am:

philperth2010 wrote on Nov 8th, 2019 at 9:31am:

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Not paying the minimum wage is breaking the law you smacking idiot....But it is revealing to see that the typical Coalition scum bag thinks is important to maximize the profits of foreign Multi Nationals whilst driving down wages and conditions in Australia to support profit over people....Let Aqua's bullshit rant be a warning to anyone stupid enough to vote for the Coalition....These new free (workers) trade deals are undermining our wages and conditions with the blessing of the Coalition and it's supporters....You have been warned!!!

::) ::) ::)



If we wish to grow the pie so that all Australians can prosper then it is vital that our courageous business people are encouraged to start businesses and create wealth and employment

Certainly speaking to a colleague who recently relocated his business to China
He is extraordinarily happy with the attitude of the workers there

He actually had a crane onsite
And the crane operator I was so grateful to have a job
that he would not vacate the crane on the weekends and his family would come and visit him at the crane and they would send up articles of food and he would send down his washing to be done

The sheer commitment and enthusiasm of such a workforce inspires the businessman to forge forward and create wealth which all can share
Unfortunately this dream seems dead in Australia

It is the job of all Nobel capitalists to try to resuscitate the dying corps of Australian business
It is probably too late but we must at least try


So reducing the minimum wages and conditions of Australian workers to third world standards is creating wealth that can be shared....Your statement is contradictory mate....The only wealth that is shared (trickle down economics is Capitalist bullshit) is through Corporate greed and self interest that go to share holders and vested interests....If you do not like Australian's having a decent wage move to China you self serving ass hole!!!

:-? :-? :-?



[smiley=thumbsup.gif]

I'll chip in for his airfare.


Title: Re: Whats The Current National Minimum Wage?
Post by Carl D on Nov 8th, 2019 at 10:38am

greggerypeccary wrote on Nov 8th, 2019 at 10:15am:
I'll chip in for his airfare.


Me too.

Actually, weren't we going to chip in to send juliar to China about 6 months ago?

Maybe we can now get a two for one deal?  8-)

Title: Re: Whats The Current National Minimum Wage?
Post by minarchist on Nov 8th, 2019 at 10:51am

aquascoot wrote on Nov 8th, 2019 at 6:42am:
And why is that do you suppose
could it be that houses are very expensive to build in Australia
Could that be because the workers who build them
The truck drivers who deliver the goods to the building site
The public servants that approved the plans
The guys to connect to the NBN and the electricity and the water are all on the highest wages in the world

If everybody building a house is on the world's highest wages
You are going to construct the world's most expensive house
and then you are going to have to charge the world's highest rents to cover the cost

So white night is going to see the cost of houses and the rents become even more exorbitant

It's important that you attack white night for this sort of reprehensible behaviour


I think you'll find the the cost to construct new houses hasn't changed greatly over time. When you compare our house prices to other cities in other OECD nations you can conclude that it's mostly due to speculation.

People who hate Keating because he gave us "the recession we had to have" don't understand the situation Australia faced at the end of the 1980's. The Debt to GDP ration had reached 160%, in spite of the high interest rates at the time. Keating allowed the recession to happen even though he personally didn't want it to occur because he knew it would ultimately be better for Australia in the long run as it would rid the system of bad debts. It set the country up for the longest period of economic growth that any nation has experienced.

In saying that, we saw the Debt to GDP ration reach similar levels at the beginning of the GFC. Rather than let the country slide into a recession to clear the system of bad debt, Rudd and Swan instead initiated policies that prolonged the economy long enough to come out of the GFC unscathed, which only resulted in property prices rising further. This is why I'm not a fan of Swan -  he should've let the nation go into a recession that had to occur sooner or later and the best time would've been during a period when almost every nation at the time had slid into one. The LNP shouldn't go without being held accountable as they've been in power for more than 6 years, which is plenty of time to enact policies to deflate the property bubble gradually and prevent it from happening again in the future.

The country needs to go back to a situation where the average person can go to the outer suburbs of the major cities and buy a decent home for $300 - 400K in today's prices before wages can adjust to a level that are internationally competitive.

Title: Re: Whats The Current National Minimum Wage?
Post by crocodile on Nov 8th, 2019 at 11:54am

minarchist wrote on Nov 8th, 2019 at 10:51am:

aquascoot wrote on Nov 8th, 2019 at 6:42am:
And why is that do you suppose
could it be that houses are very expensive to build in Australia
Could that be because the workers who build them
The truck drivers who deliver the goods to the building site
The public servants that approved the plans
The guys to connect to the NBN and the electricity and the water are all on the highest wages in the world

If everybody building a house is on the world's highest wages
You are going to construct the world's most expensive house
and then you are going to have to charge the world's highest rents to cover the cost

So white night is going to see the cost of houses and the rents become even more exorbitant

It's important that you attack white night for this sort of reprehensible behaviour


I think you'll find the the cost to construct new houses hasn't changed greatly over time. When you compare our house prices to other cities in other OECD nations you can conclude that it's mostly due to speculation.

People who hate Keating because he gave us "the recession we had to have" don't understand the situation Australia faced at the end of the 1980's. The Debt to GDP ration had reached 160%, in spite of the high interest rates at the time. Keating allowed the recession to happen even though he personally didn't want it to occur because he knew it would ultimately be better for Australia in the long run as it would rid the system of bad debts. It set the country up for the longest period of economic growth that any nation has experienced.

In saying that, we saw the Debt to GDP ration reach similar levels at the beginning of the GFC. Rather than let the country slide into a recession to clear the system of bad debt, Rudd and Swan instead initiated policies that prolonged the economy long enough to come out of the GFC unscathed, which only resulted in property prices rising further. This is why I'm not a fan of Swan -  he should've let the nation go into a recession that had to occur sooner or later and the best time would've been during a period when almost every nation at the time had slid into one. The LNP shouldn't go without being held accountable as they've been in power for more than 6 years, which is plenty of time to enact policies to deflate the property bubble gradually and prevent it from happening again in the future.

The country needs to go back to a situation where the average person can go to the outer suburbs of the major cities and buy a decent home for $300 - 400K in today's prices before wages can adjust to a level that are internationally competitive.


That's not right. Just prior to the early 90s recession private debt was just under 80% of GDP and public debt around 20%.



Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 12:31pm

Carl D wrote on Nov 8th, 2019 at 10:38am:

greggerypeccary wrote on Nov 8th, 2019 at 10:15am:
I'll chip in for his airfare.


Me too.

Actually, weren't we going to chip in to send juliar to China about 6 months ago?

Maybe we can now get a two for one deal?  8-)



glad to go and vibe with awesomeness


https://www.youtube.com/watch?v=---g-f_I2yQ

Title: Re: Whats The Current National Minimum Wage?
Post by crocodile on Nov 8th, 2019 at 12:41pm

aquascoot wrote on Nov 8th, 2019 at 12:31pm:

Carl D wrote on Nov 8th, 2019 at 10:38am:

greggerypeccary wrote on Nov 8th, 2019 at 10:15am:
I'll chip in for his airfare.


Me too.

Actually, weren't we going to chip in to send juliar to China about 6 months ago?

Maybe we can now get a two for one deal?  8-)



glad to go and vibe with awesomeness


https://www.youtube.com/watch?v=---g-f_I2yQ


With an ecomy of around $13 trillion and a population of 1.2 billion that's about $10.8k per capita. Enjoy the awesomeness.

Title: Re: Whats The Current National Minimum Wage?
Post by greggerypeccary on Nov 8th, 2019 at 12:48pm

aquascoot wrote on Nov 8th, 2019 at 12:31pm:

Carl D wrote on Nov 8th, 2019 at 10:38am:

greggerypeccary wrote on Nov 8th, 2019 at 10:15am:
I'll chip in for his airfare.


Me too.

Actually, weren't we going to chip in to send juliar to China about 6 months ago?

Maybe we can now get a two for one deal?  8-)



glad to go and vibe with awesomeness



https://www.google.com/flights?lite=0#flt=/m/06y57./m/01914.2019-11-11;c:AUD;e:1;sd:1;t:f;tt:o

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 1:12pm

crocodile wrote on Nov 8th, 2019 at 12:41pm:

aquascoot wrote on Nov 8th, 2019 at 12:31pm:

Carl D wrote on Nov 8th, 2019 at 10:38am:

greggerypeccary wrote on Nov 8th, 2019 at 10:15am:
I'll chip in for his airfare.


Me too.

Actually, weren't we going to chip in to send juliar to China about 6 months ago?

Maybe we can now get a two for one deal?  8-)



glad to go and vibe with awesomeness


https://www.youtube.com/watch?v=---g-f_I2yQ


With an ecomy of around $13 trillion and a population of 1.2 billion that's about $10.8k per capita. Enjoy the awesomeness.



We will see how that plays out in a few decades time  ;D ;D ;D ;D

Title: Re: Whats The Current National Minimum Wage?
Post by crocodile on Nov 8th, 2019 at 1:23pm

aquascoot wrote on Nov 8th, 2019 at 1:12pm:

crocodile wrote on Nov 8th, 2019 at 12:41pm:

aquascoot wrote on Nov 8th, 2019 at 12:31pm:

Carl D wrote on Nov 8th, 2019 at 10:38am:

greggerypeccary wrote on Nov 8th, 2019 at 10:15am:
I'll chip in for his airfare.


Me too.

Actually, weren't we going to chip in to send juliar to China about 6 months ago?

Maybe we can now get a two for one deal?  8-)



glad to go and vibe with awesomeness


https://www.youtube.com/watch?v=---g-f_I2yQ


With an ecomy of around $13 trillion and a population of 1.2 billion that's about $10.8k per capita. Enjoy the awesomeness.



We will see how that plays out in a few decades time  ;D ;D ;D ;D

I'll be pushing up daisies by then. Anything could happen. The Mongol empire was quite large a few centuries ago.

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 1:40pm
Croc I thought you were smarter than that.

You should brush up on " one belt one road "

China is building 3 super fast rail networks to Northern Europe.
Central Europe thru turkey and thru Pakistan to the sea.

They are the biggest infrastructure players in Ethiopia, Kenya and Nigeria. The Sudan and Pakistan.
They recently opened 52 factories in Kenya.
They just completed their 10,000 rail trip to London.

Though of a similar population to India, they are building infrastructure at 12x the rate.

They are constructing a city the size of Perth every fortnight as they urbanise.
They are building a super grid to power all if Asia and Africa.

It would appear the USA is in deep trouble.
It's school system is falling apart.

China has more engineers at university then the USA had engineers.

It connects 50000 people to the power grid every day.
It connects 50000 people to running water every day.

With the use of CRISPA gene splicing, it will soon be able to produce enhanced humans with higher IQ and other skills.


There is NO REASON whatsoever for Aussie workers to tell themselves a BS story that their labour is worth 5 x that of a Chinese worker.

If Aussies want iPhones made in china, then we accept global markets and we MUST accept global benchmarking for wages.

Accept it or it will be enforced upon you eventually.

The current crop of entitled fools like gweg and knight think they can live 5x above their value because, because,..... Well just because.

Guess what, that is a game that is coming to an end very soon my friend.
And you as an economist need to recognise that and the population needs to prepare.

Title: Re: Whats The Current National Minimum Wage?
Post by juliar on Nov 8th, 2019 at 2:06pm
What a trashy thread about nothing - but then that is the crotchety old BlackDay to a tee - much ado about nothing.

Wonder when the silly old coot will start raving about Penalty Rates again ? He used to be obsessed with them.

Probably waiting for the unions or GetUp! to provide a prepared thingo for him to parrot as another waste of space.

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 2:29pm
they need to go read my china thread and stop pretending they can live beyond their means

Title: Re: Whats The Current National Minimum Wage?
Post by juliar on Nov 8th, 2019 at 2:44pm
About crockery is it ?

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 8th, 2019 at 3:02pm

juliar wrote on Nov 8th, 2019 at 2:44pm:
About crockery is it ?



ah juliar,  maintaining a sense of humour.
the noble rightard can always have a joke whilst the PC leftie is stifled and frustrated

kudos

Title: Re: Whats The Current National Minimum Wage?
Post by Valkie on Nov 9th, 2019 at 6:10am

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Perhaps.

But we pay more than twice as much for everything we buy.
So when that little gem is factored in, it's not all tgat great is it ?

Title: Re: Whats The Current National Minimum Wage?
Post by aquascoot on Nov 9th, 2019 at 6:37am

Valkie wrote on Nov 9th, 2019 at 6:10am:

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Perhaps.

But we pay more than twice as much for everything we buy.
So when that little gem is factored in, it's not all tgat great is it ?



but white knight and greg dont seem to realise that if you keep raising wages, you are just going to keep raising costs.

if you give that barrista 50 an hr on sunday , a coffee might be 7 bucks.
pay him 15 an hr and it might be  2.

then more tourists come.


then you can fleece those chinese tourists of their cash rather then have them say "nope, we'll save our cash up and buy all your farms"

Title: Re: Whats The Current National Minimum Wage?
Post by whiteknight on Nov 9th, 2019 at 6:44am
Stop trying to cut low income workers wages.  Also restore the penalty rates, back to what they were.   :(   

Title: Re: Whats The Current National Minimum Wage?
Post by Sir Spot of Borg on Nov 9th, 2019 at 7:53am

aquascoot wrote on Nov 9th, 2019 at 6:37am:

Valkie wrote on Nov 9th, 2019 at 6:10am:

aquascoot wrote on Nov 8th, 2019 at 6:22am:
Highest national minimum wage in the world

Businesses have a duty to their shareholders to maximize profits
This is a legal duty
Why cannot have businesses breaking the law by employing overpaid workers in Australia

It is a moral and indeed legal obligation of businesses to shift as much work as possible too grateful efficient and more economic foreign workers
It is also a moral obligation of business leaders to push for as many 457 visa holders can be given work

As Greg constantly points out we must not break the law


Perhaps.

But we pay more than twice as much for everything we buy.
So when that little gem is factored in, it's not all tgat great is it ?



but white knight and greg dont seem to realise that if you keep raising wages, you are just going to keep raising costs.

if you give that barrista 50 an hr on sunday , a coffee might be 7 bucks.
pay him 15 an hr and it might be  2.

then more tourists come.


then you can fleece those chinese tourists of their cash rather then have them say "nope, we'll save our cash up and buy all your farms"


Prices never go down. The bosses would just pocket the savings

Spot

Title: Re: Whats The Current National Minimum Wage?
Post by Dnarever on Nov 9th, 2019 at 12:56pm

whiteknight wrote on Nov 8th, 2019 at 6:00am:
$19.49 per hour   :-?
What is the current national minimum wage? The national minimum wage is currently $19.49 per hour or $740.80 per 38 hour week (before tax). Casual employees covered by the national minimum wage also get at least a 25% casual loading.



Min wage is $8.95

How can $19 be the minimum when it is legal to pay much less ?


Title: Re: Whats The Current National Minimum Wage?
Post by juliar on Nov 10th, 2019 at 1:56pm
Not enough??  Too much???   Depends on which side you are on and if you have ASIAN companies breathing down your neck.

But if you are on Newstart then who cares ?

Title: Re: Whats The Current National Minimum Wage?
Post by Dnarever on Nov 10th, 2019 at 5:19pm
The argument that we need to compete with third world pay rates holds no water.

I do not see these companies that compete with the third world mirroring third world management wages ?

Title: Re: Whats The Current National Minimum Wage?
Post by Dnarever on Nov 10th, 2019 at 5:21pm

juliar wrote on Nov 10th, 2019 at 1:56pm:
Not enough??  Too much???   Depends on which side you are on and if you have ASIAN companies breathing down your neck.

But if you are on Newstart then who cares ?


Newstart about $5 an hour ? People should care.

Title: Re: Whats The Current National Minimum Wage?
Post by crocodile on Nov 10th, 2019 at 5:29pm

aquascoot wrote on Nov 8th, 2019 at 1:40pm:
Croc I thought you were smarter than that.

You should brush up on " one belt one road "

It's not about being smart, dumb or otherwise. Just plain ol' observation. China is a low productivity country. The mean annual production of one worker being US$7,318 and the world average of US$18,487 while advanced countries like the US, Europe and Aussie are US$98,990. Chinese productivity is around 7.8% of ours and that reflects their low GDP per capita and hence the remark "enjoy the awesomeness"

http://simecons.com/labor-productivity-in-china/

The belt and road initiative requires no brushing up. The strategy is more about maintaining Chinese hegemony in the region than it about economic output. Regional Chinese infrastructure is years behind so the project has benefits but is also costly with a price tag in today's money of US$1.2 trillion. That needs a lot of extra GDP growth to pay for it. A geopolitical problem isn't easily solved by throwing cash at it.


China is building 3 super fast rail networks to Northern Europe.
Central Europe thru turkey and thru Pakistan to the sea.

They are the biggest infrastructure players in Ethiopia, Kenya and Nigeria. The Sudan and Pakistan.
They recently opened 52 factories in Kenya.
They just completed their 10,000 rail trip to London.

Though of a similar population to India, they are building infrastructure at 12x the rate.

They are constructing a city the size of Perth every fortnight as they urbanise.
They are building a super grid to power all if Asia and Africa.

It would appear the USA is in deep trouble.
It's school system is falling apart.

China has more engineers at university then the USA had engineers.

Yes, I know. I get the odd Chinese engineer for work experience. I often can't fault their theoretical knowledge but they tend to be short on problem solving ability. Unfortunately, China are good copiers but short on innovation. How many patent applications have they made ?

It connects 50000 people to the power grid every day.
It connects 50000 people to running water every day.

They have to start somewhere. It would be difficult to even find 50,000 people without power and water in the US not by choice.

With the use of CRISPA gene splicing, it will soon be able to produce enhanced humans with higher IQ and other skills.

Works both ways. Just as much chance of producing a dud as well.

There is NO REASON whatsoever for Aussie workers to tell themselves a BS story that their labour is worth 5 x that of a Chinese worker.

That isn't true. Maybe in jobs where productivity is low but not otherwise. High wages are perfectly sustainable as long as they match productivity. Chinese wages are low due to low productivity and not much else.

If Aussies want iPhones made in china, then we accept global markets and we MUST accept global benchmarking for wages.

Accept it or it will be enforced upon you eventually.

All jobs with low productivity and limited skill. Jobs being lost to China are all low productivity and lower skills. There is nothing wrong with this. It is not the absolute cost of production that determines whether or not a new location is sought. This decision will be based not on absolute cost but on opportunity cost. There is a world of difference.

The current crop of entitled fools like gweg and knight think they can live 5x above their value because, because,..... Well just because.

We both get that Peccerhead, Nails and co are fools living in a world where gimme might mean something. They haven't quite made the connection between productivity, skills acquisition, capital deepening and wages growth. Their hero, Super Sally is even more clueless.

Guess what, that is a game that is coming to an end very soon my friend.
And you as an economist need to recognise that and the population needs to prepare.

It is always in a state of flux. China has a long way to go yet. Their problems of low capacity utilisation and low productivity will act as a handbrake as worker skills gradually grow. High labour inputs and low productivity don't compete with low labour input and high productivity in the long term.



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