PolicyEconomyAustralian economyOpinion | Michael StutchburyLabor’s ‘pro-worker’ agenda is making workers poorerSurely, it’s time to recognise that Labor’s union-dominated party structure and its policy model will not lift living standards, even for employees.Michael StutchburyColumnistBigger government, higher taxes and regulated wage increases show up in a forecast of 5 per cent inflation, falling per capita GDP, stagnant productivity, and three Reserve Bank cash rate increases since February.And that’s before the Middle East war and its global oil price shock had fully hit.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In EconomyFetching latest articlesMost Viewed In Policy
Labor’s ‘pro-worker’ agenda is making workers poorer
Surely, it’s time to recognise that Labor’s union-dominated party structure and its policy model will not lift living standards, even for employees.
106 words~1 min read
