Stop celebrating over the Carbon Tax and get back to the main game. The mantra in real estate is location, location, location. In economic policy, try “productivity”.
This is a warning shot from Robert Gottleibsen. Of course Grace Collier has been on this theme for a long time. Hence the Hutt Prize that she shared with Hendo.
And somewhere along the line — either in cabinet, the ACCC or the Productivity Commission — someone will look at the disaster graph (see below) in Treasury’s budget papers. Without productivity growth our income per head goes down the gurgler, with widespread implications for community prosperity and share prices. Among the people whom we will blame for that fall will be those who saw the anti-productivity agreements and had the power to act but did nothing.
Lets hear it from Grace Collier.
THIS is a true story about despicable corporate cowardice and appalling executive conduct.
Shareholder money is being used to hire union officials to harass companies to extort money for anti-competitive purposes. This story perfectly showcases how collusion between business and unions hampers competition and pushes up the cost of living for Australians.