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CUTS TO PENALTY RATES WON’T CREATE JOBS: TURNBULL UNDERMINED

March 08, 2017

Labor calls on the Turnbull Government to admit that cuts to penalty rates will not create extra jobs, but will be a kick in the guts for low paid workers.

Liberal Member for Bowman Andrew Laming has belled the cat that cutting the pay of the lowest paid workers will not create employment:

“There will be virtually negligible difference in either jobs created or hours.”

LAMING, THE AUSTRALIAN, WEDNESDAY, 8 MARCH 2017

Laming’s comments directly undermine Malcolm Turnbull’s weak attempt to defend the cuts by saying they will result in masses of jobs - tens of thousands in fact.

“The argument that is being put and was accepted by the Commission was that you would get more employment, tens of thousands of more jobs.”

TURNBULL, DOORSTOP, THURSDAY, 2 MARCH 2017

By the way, Malcolm Turnbull completely made this up. What Fair Work Commission actually found was that while there “may” be some “modest” gains in employment it is “difficult to quantify as a result of the competing substitution effects.”

The only thing which unites the Liberals is their desire to cut penalty rates.

It is more likely the increased employment will come from existing workers working more hours for the same pay.
 
Instead of trying to defend his support of cuts to workers’ wages, Malcolm Turnbull needs to realise that, the penalty rates decision will negatively impact hundreds of thousands of low paid workers.
 
Malcolm Turnbull is giving a $50 billion tax to big business and the banks, while ordinary workers are getting their pay cut.
 
A tax cut for big business and a pay cut for workers – Australians won’t forget this, Prime Minister.
 

WE'LL PUT PEOPLE FIRST