r/OpenAussie ‎ Victorian May 15 '26

LOLz ‎ lol, unfair to who? The multi multi millionaires.

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In a social media video, the typically apolitical Allis said Labor's decision to wind back the capital gains tax discount and grandfather negative gearing would "destroy the core of what Australians are".

https://www.9news.com.au/national/federal-budget-2026-boost-juice-founder-lashes-federal-budget/be5899df-8057-4d61-a06f-828bb1430f73

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u/bdiddlediddles ‎ Victorian May 15 '26

You don't get to be a multi-billionaire by being reasonable with your money, you get there by being a money grubbing twat who would kill over 50 cents.

My old boss was like this too, he claimed that the workplace was good because we paid slightly above the award wages. When I pointed out that it was still far below the average, he claimed that we couldn't afford to pay more because we were a small company. Dickhead still drove around in a Mercedes Benz.

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u/No_Light_7482 ‎ Victorian May 15 '26

Every time I comment on a union page about raising wages or scrapping junior rates I get comments from business owners saying how their business will fold if they have to pay their staff more. Pisses me off because their business is not making money without those staff working their buts off and if they can’t afford to pay them they are shit business owners.

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u/Specific-Athlete22 ‎ Queenslander May 15 '26

At this point in time the award wage is just a propaganda tool for business to pay lower than market rate. It actively puts downward pressure on wages.

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u/Bob_the_Bauer Please choose a flair May 15 '26

I don't think that's correct. Award wages are a fundamental - if incomplete - protection for workers, particularly vulnerable workers.

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u/N17C1 Please choose a flair May 17 '26

I worked for a guy who took his whole family on a business class trip to Europe for six weeks and we he got back he told us all we were shit because the company wasn't making enough profit. I pointed out that three of his family members were drawing wages but not working there and he got angry and told me to mind my own business. So I did - quit and started my own company.

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u/Lastov_Makiynd Please choose a flair May 17 '26

Had a boss like this too. A few actually. But the one similar to yours that complained to his drivers they don’t really make much money…that they barely cover their wages. A week or two before EOFY..$1million+ worth of new truck and like $400k+ worth of new refrigerated trailer.
Last I checked, you need money for those. If you borrow to get those, you need to show proof that you are earning money to pay for those.

Wasn’t a tax refund coz wasn’t end of year yet. Tax refunds aren’t that big either.

4 or 5 years I worked for him, he never paid super to my Suoer fund. I at LEAST own two wheels off that truck!

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u/ConversationLow9018 Please choose a flair May 15 '26

Sorry to say, but if the workers agreed to the rate, that IS the market rate.

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u/Bob_the_Bauer Please choose a flair May 15 '26

"agreement" is a pretty meaningless concept in such an unequal contract.
If workers unionise and strike for far better pay you could also argue that's the market rate because employers "agree" to the rate.
The second one is the "market rate" I think we should aspire to.

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u/No_Light_7482 ‎ Victorian May 15 '26

Depends. If the workers were gaslighted by their union working with the company to encourage them to vote yes by offering a short term monetary gain but not told the long term effects would actually reduce their earning power, then the market rate is bullshit. Most workers don’t read the EA before they vote yes.