Well in Australia we have an award system combined with the Industrial relations commision which sets mininum rates for diffrent Industries and not a mininum wage like the US that covers every thing, this minium wage is lower than what alot Australians working in factorys get, we also have compusory superanuation which is about 8 - 9% of the weekly wage on top, i'm not sure if it's actually cheaper to employee Australians over Americans, of course there other costs in the manufacture of goods which could make it a better choice....Originally posted by HeavyMetalParkingLot@11 February 2004 - 04:12
Granted, the Australian dollar is roughly equivalent to the Canadian Dollar. What I mean is, the majority of the jobs will be factory work, which is an unskilled trade, therefore not needing people with decent education who would be able to earn a good living. They will be hiring the ones who will work the cheapest. Just like in Mexico currently, they hire the people who work for like a dollar a day.
Overall I don’t see the FTA as good for Australia, like having DMCA laws similar to the US never mind the affect on the PBS and if it's anything like NAFTA it will be disastrous, giving corporations the power to sue if regulatory decisions go against them and the like.
Hopefuly the Australian parliament wont pass it...
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