Business Council of Australia Executives Clean Up

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Those who followed last year's debate regarding the "Work Choices" IR changes would know that the Business Council of Australia was one of the loudest proponents of the new laws. The BCA predicted dire consequences for the nation's economy if the government didn't move to create a new, easy-to-manipulate class of working poor.

One wonders if the BCA was overstating the case, as it seems they've done very nicely (pdf) in the existing system over the past 15 years. BCA's member CEO's salaries have risen 564% in that period, from an average $514k to $3.4M.

Ordinary workers incomes increased 85% during the same period.

It must be so nice to work in the big end of town.

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This page contains a single entry by tony published on January 29, 2006 11:00 PM.

Fossil Fuel Industry Shows Its Muscle was the previous entry in this blog.

Welfare the Next Big Area of 'Reform' is the next entry in this blog.

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