Since the Liberal-National Coalition has been in government it has followed the same policy as Germany and France. That is: keep wages low and restrict welfare. But of course, This reduces spending and puts a brake on the economy. Wealthy businesses benefit from lower wage costs. Two thirds of the population suffer while the top third get rich. The economy of Australia has been stagnant for the last five years compared to other countries. For three consecutive quarters GDP per capita has fallen. Construction is in decline. As the wealthy have become richer they have hoarded their money. They have spent the same each year for the last seven years. Australians generally have become poorer while company have made great profits. Furthermore, the government has brought in laws that stops unionists going on strike. There are massive fines for the unions if they do. Household disposable income has fallen by 0.8 per cent over the last twelve months. Australian disposable income ha...
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