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Tag: holden

Why the Treasurer should celebrate higher labour costs

Holden is going to shut down in Australia, blaming high labour costs. The Holden 2011 EBA allows for trade employees to be paid between $1147 and $1547 a week, before allowances. Scarcely a fortune, but much more than the car industry pays workers in Thailand. Continue reading Why the Treasurer should celebrate higher labour costs

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Posted on December 12, 2013December 22, 2013Author thomasthethinkengineCategories UncategorizedTags creative destruction, Economics, holden, jobs2 Comments on Why the Treasurer should celebrate higher labour costs

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