Malcolm Turnbull has done well to dump Maurice Newman as chairman of the Business Advisory Council, who today has delivered yet another perverted view of the Australian economy, this time blaming Australia’s high labor costs and unions for industry closures rather than taking a broader and more balanced view. From The Australian:
How many more workers must lose their jobs before it is accepted that work practices and labour costs influence investors and management on where to domicile their businesses and whether to invest? Or even, when to cut and run? How long before workers understand that in the end, governments, unions and taxpayers can’t save them?
