Australian Politics Forum - Unions Increase Minimum Wage Claim To 6%

whiteknight Gold Member Offline Australian Politics Posts: 9213 melbourne Gender:	Re: Unions Increase Minimum Wage Claim To 6% Reply #15 - May 15^th, 2026 at 11:03pm Yes well said Sir lastnail and how right you are. Then they wonder why people join unions. Go figure.
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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #16 - May 15^th, 2026 at 11:07pm

Sir lastnail wrote on May 15^th, 2026 at 10:27pm:

freediver wrote on May 15^th, 2026 at 7:35pm:

Bobby. wrote on May 15^th, 2026 at 7:30pm:

freediver wrote on May 15^th, 2026 at 12:45pm:

Unions create unemployment.

I can predict that many unskilled people will lose their jobs
as it just gets too expensive to employ people.

Bobby can see through the union propaganda.

Yes the CEO's get a bonus for retrenching people. The more they retrench, the bigger the bonus ;(

I have actually seen retrenchments get so bad that whole, good,
profit making sections of a company have been closed down
as they were so nobbled they couldn't function anymore.
The company lost money and the workers lost their jobs -

such was the eagerness to retrench people.

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Sir lastnail

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #17 - May 15^th, 2026 at 11:11pm

Bobby. wrote on May 15^th, 2026 at 11:07pm:

Sir lastnail wrote on May 15^th, 2026 at 10:27pm:

freediver wrote on May 15^th, 2026 at 7:35pm:

Bobby. wrote on May 15^th, 2026 at 7:30pm:

freediver wrote on May 15^th, 2026 at 12:45pm:

Unions create unemployment.

I can predict that many unskilled people will lose their jobs
as it just gets too expensive to employ people.

Bobby can see through the union propaganda.

Yes the CEO's get a bonus for retrenching people. The more they retrench, the bigger the bonus ;(

I have actually seen retrenchments get so bad that whole, good,
profit making sections of a company have been closed down
as they were so nobbled they couldn't function anymore.
The company lost money and the workers lost their jobs -

such was the eagerness to retrench people.

Or like a lot of aussie companies do in australia is to employ MBA dickheads to run a technical department where they have no comprehension of the underlying products or services Sad

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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #18 - May 15^th, 2026 at 11:17pm

Sir lastnail wrote on May 15^th, 2026 at 11:11pm:

Or like a lot of aussie companies do in australia is to employ MBA dickheads to run a technical department where they have no comprehension of the underlying products or services Sad

Yes - that's what I saw in a few places.

MBA dickheads destroyed good profit making businesses.

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freediver

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #19 - Yesterday at 6:21am

whiteknight wrote on May 15^th, 2026 at 11:03pm:

Yes well said Sir lastnail and how right you are. Then they wonder why people join unions. Go figure. Sad

That's the thing. People don't join unions. Membership has been going down for decades. People don't want to hand over their hard earned money to an organisation whose only achievement at the end of the day might be to make them unemployed.

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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #20 - Yesterday at 7:19am

freediver wrote Yesterday at 6:21am:

whiteknight wrote on May 15^th, 2026 at 11:03pm:

Yes well said Sir lastnail and how right you are. Then they wonder why people join unions. Go figure. Sad

That's the thing. People don't join unions. Membership has been going down for decades. People don't want to hand over their hard earned money to an organisation whose only achievement at the end of the day might be to make them unemployed.

Dear FD,
many blessings.

If you read my posts I have provided proof that it is high taxes from Govts.
and relentless unfair practices of companies retrenching and ruining
even good profit making parts of their own businesses that are the real culprits -
not unions.

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freediver Gold Member Offline www.ozpolitic.com Posts: 53024 At my desk.	Re: Unions Increase Minimum Wage Claim To 6% Reply #21 - Yesterday at 7:51am Are you saying there is only one cause of unemployment?
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Bobby. Gold Member Offline Australian Politics Posts: 119703 Melbourne Gender:	Re: Unions Increase Minimum Wage Claim To 6% Reply #22 - Yesterday at 7:53am freediver wrote Yesterday at 7:51am: Are you saying there is only one cause of unemployment? No - 2 main causes: unfair taxes, stupid companies wrecking their own businesses.
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freediver Gold Member Offline www.ozpolitic.com Posts: 53024 At my desk.	Re: Unions Increase Minimum Wage Claim To 6% Reply #23 - Yesterday at 8:03am What percentage of unemployment does each cause? And what percentage does union action cause? If a company goes bankrupt through it's own stupidity alone, will a competitor take up the slack?
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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #24 - Yesterday at 8:15am

freediver wrote Yesterday at 8:03am:

What percentage of unemployment does each cause? And what percentage does union action cause?

If a company goes bankrupt through it's own stupidity alone, will a competitor take up the slack?

It depends on the company.
Philips is a case in point.
It could have been a $trillion company but now it's only tiny.
How many people lost their jobs?

Google AI:

Based on the provided search context, Philips could potentially have become a trillion-dollar company by retaining ownership and control over the semiconductor entities it incubated, specifically ASML and NXP, and by commercializing its early innovations in digital media like the MP3 format.

Semiconductor Spin-offs
Philips played a pivotal role in creating two of the world’s most valuable technology companies but divested them, missing out on their exponential growth:

ASML: Philips co-developed lithography technology with ASM, leading to the establishment of ASML as an independent entity in 1988. Today, ASML is Europe’s most valuable technology company with a market capitalization of $266 billion,
holding a monopoly on the machines required to manufacture the most advanced semiconductor chips.

NXP: Philips’ semiconductor business was spun off as NXP in 2006. NXP now specializes in chips for automotive and industrial applications and has a market capitalization four times larger than Philips’ current valuation.

TSMC: Philips also provided crucial financial support and technology to kick-start Taiwan Semiconductor Manufacturing Company (TSMC), which has become a global foundry giant, though Philips exited the industry before TSMC achieved its massive scale.

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freediver Gold Member Offline www.ozpolitic.com Posts: 53024 At my desk.	Re: Unions Increase Minimum Wage Claim To 6% Reply #25 - Yesterday at 8:22am Quote: Philips is a case in point. It could have been a $trillion company but now it's only tiny. You could have started your own company and grown it into a trillion dollar business Bobby. Does your failure to do so mean that you are responsible for the loss of millions of jobs?
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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #26 - Yesterday at 8:26am

freediver wrote Yesterday at 8:22am:

Quote:

Philips is a case in point.
It could have been a $trillion company but now it's only tiny.

You could have started your own company and grown it into a trillion dollar business Bobby. Does your failure to do so mean that you are responsible for the loss of millions of jobs?

Yes - I should have been the owner of a $trillion business.

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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #27 - Yesterday at 8:37am

https://blogs.tradefxp.com/the-rise-and-fall-of-philips-a-tale-of-mismanagement-...

The Rise and Fall of Philips: A Tale of Mismanagement and Failed Innovation

Once a global electronics giant, Philips' story is a cautionary tale of missed opportunities and failed innovation.
Explore their meteoric rise and dramatic fall, from humble beginnings to a forgotten brand.

Dec 12, 2023

Introduction

Phillips used to be a really big and smart company that made fancy technology stuff and came up with new ideas. But now, it's not as good as it used to be and doesn't have much going on. In 2010, the person in charge of Philips said that their company was not considered a high-tech company anymore. This means that what the person said was correct and on purpose. The company decided to stop focusing on making electronics and sold their different parts of the business.

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freediver Gold Member Offline www.ozpolitic.com Posts: 53024 At my desk.	Re: Unions Increase Minimum Wage Claim To 6% Reply #28 - Yesterday at 9:17am Bobby, how many jobs do you think were destroyed when Philips allowed AMSL to take over that technology?
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Bobby.

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Re: Unions Increase Minimum Wage Claim To 6%
Reply #29 - Yesterday at 9:37am

freediver wrote Yesterday at 9:17am:

Bobby, how many jobs do you think were destroyed when Philips allowed ASML to take over that technology?

Maybe 20,000 jobs - not sure -

Google AI:
ASML employs approximately 44,175 people worldwide as of 2025,
with more than half of its workforce located at its headquarters in the Netherlands.

However those jobs were still available with ASML in the Netherlands
so some employees may have left Philips and got a job at AMSL.

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