Published: March 09, 2019
Cabinet minister disavows and then embraces idea that keeping wages modest is a ‘design feature’ of the economy
The new minister for defence industry, Linda Reynolds, has disavowed and then embraced arguments from her cabinet colleague Mathias Cormann that wages adjusting in line with economic conditions is a “deliberate design feature” of the Australian economy.
During an untidy television appearance on Sunday morning, the newly minted cabinet appointee was asked whether she agreed with the sentiment that flexibility in wages, and keeping wages at a relatively modest level, is a deliberate feature of Australia’s economic architecture to help drive employment growth – a point the finance minister made last week.
Continue reading...from The Guardian https://ift.tt/2J1Ewmf
via
0 Comments