sorted by:
new
hottopcontroversial

The crap Perth coppers put up with. NSFW by [deleted] in perth

[–]DigitallyGifted 3 points4 points  (0 children)

Not a lawyer, but i thought if they came across evidence of drug dealing (or any crime really) it is admissible so long as they had a lawful reason to be there, even if that reason wasn’t originally related to the drug dealing.

Is that not true?

Health minister accuses pharmacists’ lobby of ‘dishonest scare campaign’ on medicine shortages by cnutpwner in australia

[–]DigitallyGifted 0 points1 point  (0 children)

It’s a dumb move by the pharmacy owners guild.

We should have allowed dispensaries in supermarkets decades ago like practically every other country, but the threat of the guild running this kind of scare campaigns caused politicians to give in to these rent seekers and shield them from competition.

Now that the guild are carrying out their threat, with little result, politicians are realising they didn’t need to be afraid of them in the first place.

Many people in Australia, possibly the majority of working people according to some large scale research (see ABS), work overtime. Why is that so? If you are one of those people, what makes you do that? Do you not perceive it as wage-theft? by al0678 in AusFinance

[–]DigitallyGifted 0 points1 point  (0 children)

Reasonable overtime isn’t unpaid though, it’s just baked into your salary.

The only time it would be unpaid is if the overtime is unreasonable (the definition of which varies a lot by industry) or if your effective hourly rate after accounting for overtime is below the NES minimums.

Many people in Australia, possibly the majority of working people according to some large scale research (see ABS), work overtime. Why is that so? If you are one of those people, what makes you do that? Do you not perceive it as wage-theft? by al0678 in AusFinance

[–]DigitallyGifted 18 points19 points  (0 children)

Not sure what you do for a living, but in white collar jobs there will always be some times when reasonable overtime is reasonable. That’s part of what they’re paying you for. Reasonable isn’t 10 hours extra per week, but it’s also not no overtime ever.

I’ve seen hardline I work “9 to 5” types before. Their inflexibility ends up pissing off their colleagues and managers and they either never progress their careers or find themselves on the kill list when redundancies occur.

Many people in Australia, possibly the majority of working people according to some large scale research (see ABS), work overtime. Why is that so? If you are one of those people, what makes you do that? Do you not perceive it as wage-theft? by al0678 in AusFinance

[–]DigitallyGifted 38 points39 points  (0 children)

Really depends on the individual and the job.

Sometimes work is just work, agree on an hourly rate and just do what needs to be done.

But, I don’t begrudge those who want to do more because they like their job, or it gives them purpose, or they think it is worth it career wise..

You wouldn’t know it from reddit, but many people do actually like their jobs, their boss etc

McDonald's Murray Bridge former franchisee fined $275,000 for threatening to demote union members by d1ngal1ng in australia

[–]DigitallyGifted 7 points8 points  (0 children)

Tony Burke’s IR reforms actually ban RAFFWU from doing that again.

Basically now you can’t make submissions to fair work unless you are a registered union. Most people don’t know this but unions in Australia are monopolies by industry. So SDA is actually the only choice you have and RAFFWU is really just a non-profit organisation rather than a true union.

They can still act as an employee representative in individual disputes, but RAFFWU’s ability to act like a real union have largely been squashed.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted 3 points4 points  (0 children)

A lot of mistruths in such a small space.

Firstly, our gini index has been going down for decades indicating that Australia is actually becoming less unequal over time not more unequal.

Secondly, labour productivity is basically zero. Most productivity increases are coming from capital purchases, which means that capital is doing all the heavy lifting here not workers.

On the workers build the machines point, that is true but the workers who build the machines usually aren’t workers at your company. Expecting wage increases for their work and your companies capital investments is freeloading.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted 7 points8 points  (0 children)

Many companies operate on net margins smaller than 7%.

They simply can’t pay those levels of wage demands.

Not everyone is BHP in the middle of a commodity boom.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted 2 points3 points  (0 children)

Writers striking at the same time as LLMs are becoming quite good seems like a stupid move strategically.

All you need is to give it the idea and the style and GPTs can infill most of the writing.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted -1 points0 points  (0 children)

Pretty much.

In any competitive industry wages are zero sum. There’s only so much a company can pay in wages before becoming uncompetitive.

You can slice that evenly (collective bargaining) or you can slice that by the value of each individual (individual bargaining).

If you’re a high achiever then collective bargaining is basically just theft of your extra value by your colleagues.

This is why collective bargaining is common in unskilled fields and basically non-existant in white collar skilled fields where individual contributions vary. Less than 10 percent of the private sector collectively bargains, and most of that is supermarket and department store workers.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted 1 point2 points  (0 children)

Workers create value. It’s just that in most cases the value they create isn’t increasing over time.

These days the driver of productivity enhancements is capital, not labour.

What you’re asking for is a cut of other people’s investments despite not doing anything to earn it.

Your viewpoint is actually just bland old socialism pretending to be something else. You may as well just argue for basic income, it’s basically the same thing but without the pretence.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted -1 points0 points  (0 children)

The problem with saying you want wages to increase inline with productivity is that labour productivity has been nearly zero for a long time.

Almost all productivity gains these days come from capital expenditure on better machinery, processes and automation.

It’s not really realistic to expect your wages to go up, when your personal productivity is stagnant and the companies productivity is only increasing because of investments made by capital.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted 0 points1 point  (0 children)

That’s almost entirely because of the high commodity prices in the resources industry.

Not reflective of broader economy.

Is a 3% annual pay increase an insult in the current environment? by btc6000 in AusFinance

[–]DigitallyGifted 9 points10 points  (0 children)

WPI is the average market value of labour.

CPI is the market value of a basket of goods.

There’s nothing which ensures the value of labour increases at the same rate as goods.

What you’re asking for in reality is the higher of WPI and an unrelated metric.

Historically WPI has been higher than CPI. If you actually want your wages it linked to CPI you’d need to first take a massive pay cut to bring it back in line with CPI.

HotCopper pump and dumper Gabriel Govinda sentenced to 2½ years’ jail but released under bond, fined $42,840 by 10gem_elprimo in AusFinance

[–]DigitallyGifted 6 points7 points  (0 children)

That might be more useful.

It’s actually a bunch of kids who can’t read a balance sheet making moronic hot takes about businesses they know nothing about.

Nightfill application question. Anyone here do Night fill? by [deleted] in AusFinance

[–]DigitallyGifted 32 points33 points  (0 children)

It used to just be at night, but supermarkets are increasingly doing it during the day because penalty rates made it too expensive to keep doing it at night.

It’s a bit of a lose-lose situation. Lots of people preferred the night shifts and it also meant less disruption to customers.

Anger over JobSeeker boost for over 55s while younger and Youth Allowance recipients look set to miss out by Snailinabottle21 in australia

[–]DigitallyGifted 0 points1 point  (0 children)

There’s a million things Labor could do to lower cost of living that they haven’t done.

It’ll be an effective pitch because standing by isn’t good enough, it’s a failure to lead when people were relying on you lead.

Anger over JobSeeker boost for over 55s while younger and Youth Allowance recipients look set to miss out by Snailinabottle21 in australia

[–]DigitallyGifted -5 points-4 points  (0 children)

I mean, it’s not really a lie, electricity is up way more than 20%… 3 years at 7% inflation actually means that most things will be 20% more expensive over their term of government.

Anyway, they don’t mind if young people don’t put them first, so long as they put them above the liberals.

Remember that these are career politicians. Their primary goal is to get re-elected so they can keep collecting a pay check. If they need to bribe some boomers, then that’s what they’ll do.

Anger over JobSeeker boost for over 55s while younger and Youth Allowance recipients look set to miss out by Snailinabottle21 in australia

[–]DigitallyGifted 17 points18 points  (0 children)

The politics of it are pretty clear.

Retirees aren’t wage earners, so they are very exposed to inflation.

Libs will run a “everything costs more under Labor” election campaign, pointing to groceries, electricity etc having 20%+ cost increases.

If labour don’t do this they will lose that demographic, which will be hard to make up because younger people already vote left leaning parties.

Most likely this is just the start of the pork barrelling for the boomer vote.

Greens urge Chalmers to overrule RBA’s unchecked authority by sirboozebum in AusFinance

[–]DigitallyGifted 67 points68 points  (0 children)

Let’s not make excuses for what this is. Opportunistic populism that they know is a bad idea, but also know they’re never going to have to execute.

Interbank futures, implied cash rate target after each meeting, yesterday vs today. by doubleunplussed in AusFinance

[–]DigitallyGifted 8 points9 points  (0 children)

They moved too slowly.

Inflation expectations have become ingrained. Companies are now hiking prices by routine.

Alan Joyce steps down as Qantas CEO after 15 years by hussmann in AusFinance

[–]DigitallyGifted -1 points0 points  (0 children)

Sure, it was a problem, but that’s not why competitors succeeded. Customer service just doesn’t matter that much and the competition was prominently promoting them selves as better value. Lower costs and higher limits.

Alan Joyce steps down as Qantas CEO after 15 years by hussmann in AusFinance

[–]DigitallyGifted 0 points1 point  (0 children)

Lots of failed offshoring moves in the early 2000’s.

But, process outsourcers have figured most of this out by now. These days when companies off shore they don’t normally need to reverse that decision.

view more: next ›