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The war on wages

20 0
03.02.2024

National Party leader David Littleproud accused the Labor government of “pitting one Australian against the other” and fomenting “class warfare” over its Stage 3 tax cut changes. But the truth is that both the Coalition and Labor have been waging a war on the working class for a very long time.

It has been bipartisan policy, for decades, to make wage earners bear the burden of every economic crisis of the capitalist system, and that is still the case today.

See also

Labor’s ‘Stage 3 Lite’ still gives biggest tax cuts to the rich

The ultra-rich become even richer yet demand more tax cuts

Supermarket workers go on strike: ‘All we want for Xmas is a living wage’

Both the Coalition and Labor support the policy of the “independent” Reserve Bank of Australia to force real wages to fall — supposedly to fight inflation — while allowing big companies to exploit worsening inflation by raising their margins to make super profits.

While Labor has directed the Australian Competition and Consumer Commission to investigate pricing and competition in the supermarket sector, its recommendations will not be made until 2025, by which time wages will have fallen even further behind the cost-of-living.

According to the Australian Bureau of........

© Green Left Weekly


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