Whatever today's economic data shows about how close Australia is to recession the truth is we are already experiencing the biggest dive in living standards in half a century — and have been for two years, writes Peter Martin.
  • 𝙻𝚘𝚗𝚐𝙼𝚊𝚌𝚃𝚘𝚙𝚙𝚎𝚍𝚄𝚙@aussie.zoneOP
    0·
    7 months ago

    That period during 2020 was the first time in ages I’d felt positive about the economy. Due to the immigration tap being turned off demand in my industry increased and pay and conditions got better.

    After Labor decided to open the immigration flood gates, the shoe is obviously on the other foot again as far as employer vs employee relationships go. Pay has flat lined and conditions like WFH are getting wound back. Thank you Labor for living up to your liberal lite™ tag.

    • rainynight65@feddit.de
      0·
      7 months ago

      Remind me, what else happened in 2020? Was there any particular reason why the ‘immigration tap’ was turned off?