"Kevin Rudd says that bank profits are high so they should have no problem absorbing the current extra charges by shaving profits"
It runs in the Party.
Former schoolteacher Sharon Burrow now of ACTU says that employers can pay another 3% into super because it won't be inflationary and profits are good so they just take some out of there.
Voodoo economics -
rudd plays with fire : banks, page-12
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