Cheap labour conservatives

Costello to punters: get fat on pork pies

Mr Costello gave a press conference on the day of the release of the Statement on Monetary Policy that was packed with misleading propositions. One of them was that, to ensure we kept inflation and, hence, interest rates down, we needed a lot more industrial relations reform to minimise excessive wage growth.

That's a non sequitur. It's conflating a short-term macro-economic problem with a medium-term micro-economic reform.

Gittins also shafts the idea that only workers involved with efficiency gains can rightfuly claim a wage increase.