House debates

Wednesday, 25 October 2017

Matters of Public Importance

Economy

3:50 pm

Photo of Chris HayesChris Hayes (Fowler, Australian Labor Party) Share this | Hansard source

I just heard the last member who spoke saying that the good times have arrived: wage growth of 1.9 per cent. Can I just tell that member that this is the lowest wage growth in living memory. And this is the same government that wants to cut the penalty rates for 700,000 Australian workers on low pay, which will take away about $77 a week. And, by the way, the cut won't just apply for this year; their cuts are going to apply for the next four years. These people in the hospitality and the retail sector are on the lowest wages in our country, and they're not going to get a pay rise for the next four years. And those opposite say that the good times have arrived! Well, I'd hate to see what the bad times are like!

And bear in mind that none of them have ever mentioned the global financial crisis. This is the side that actually protected the Australian people and the Australian economy in the face of the worst financial disaster— (Time expired)

Comments

No comments