Fake Labor Party waves through wage-crushing Indonesian FTA

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The Joint Standing Committee on Trade (JSCOT) has released its report rubber stamping the Hong Kong and Indonesia Free Trade Agreements (FTAs).

The Indonesian FTA, in particular, will permit several thousand more Indonesians working rights, thus leading to more temporary migrant rorting, more low cost labour for business, and further undermining Australian wages and working conditions.

The Australian Council of Trade Unions (ACTU) is up in arms, claiming the Indonesian FTA will cost Australians jobs:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.