by John Palmer | Apr 4, 2017 | Issue 2, Journal, News, Volume 16
The British prime minister, Theresa May, does not take time off from her responsibilities in London to travel to Scotland—even to address the conference of the Scottish Conservative party—without good reason. Of course, she has every reason since, unless she treads...
by John Buchanan | Apr 4, 2017 | Issue 2, Journal, News, Volume 16
Employer organisations such as the Australian Retailers Association, supported by the federal government, have recently argued that wages for Australia’s lowest-paid workers should be increased by less than inflation. This would mean a cut in real wages. But none of...
by Jim Stanford | Apr 4, 2017 | Issue 2, Journal, News, Volume 16
The Fair Work Commission unveiled its long-awaited decision on penalty rates for Sunday and holiday work this week. Penalty rates for most retail and hospitality workers will be cut, by up to 50 percentage points of the base wage. Hardest-hit will be retail employees:...
by Thomas Piketty | Apr 4, 2017 | Issue 2, Journal, News, Volume 16
The Euro zone needs a proper government : a joint budget, common rules of taxation, an investment and borrowing capacity, a growth strategy and a model for sustainable and equitable development. But to achieve all these, the Euro zone must first focus on creating...
by Evatt Foundation | Apr 4, 2017 | Issue 2, Journal, News, Volume 16
The international bestseller (over 3 million copies sold worldwide) Capital in the 21st Century written by Thomas Piketty, (Editions du Seuil) will be given a big screen adaptation. Matthew Metcalfe of General Film Corporation and Yann Le Prado of Upside yesterday...
by Jim Stanford | Apr 4, 2017 | News
Government and business leaders have poposed a range of possible ‘transition’ mechanisms to ease the economic hardship, and defuse political anger, following the Fair Work Commission’s decision to cut penalty rates for work on Sundays and public holidays...