1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Gina Rinehart calls for Australian wage cut

Discussion in 'General Discussion' started by elmarko, Sep 6, 2012.

  1. Von Smallhausen

    Man of Honour

    Joined: Aug 1, 2004

    Posts: 12,584

    Location: Tyneside

    Perhaps she can lead the way and give a sizeable amount to the less fortunate. I somehow doubt she will.
     
  2. Gooner Leroy

    Mobster

    Joined: Mar 11, 2012

    Posts: 2,818

    Location: Durham

    That's my contingency plan. Just have to start saving
     
  3. starfighter

    Mobster

    Joined: Aug 4, 2008

    Posts: 4,934

    Location: Manchester.

    Stupid scag
     
  4. Windle

    Capodecina

    Joined: Oct 19, 2002

    Posts: 14,156

    Location: Scotland

    Found it quite amusing Julia Gillard getting involved as she is hardly squeeky clean herself
     
  5. RDM

    Capodecina

    Joined: Feb 1, 2007

    Posts: 20,222

    Unlike some of the mega rich she seems somewhat adverse to philanthropy so you are probably right there.
     
  6. elmarko

    Capodecina

    Joined: Sep 22, 2011

    Posts: 10,428

    Location: Portsmouth (Southsea)

    It's sad when you find a person who's only redeeming feature is the fact they won't be around much longer (looking at her weight/age).
     
  7. dante6491

    Soldato

    Joined: Jun 30, 2006

    Posts: 5,907

    Location: London

    She does kind of have a point, but completely misses it.

    It is very difficult for companies in UK/AUS/America/"Western World" to remain competitive when there are people in the less developed who are able to be employed for a tenth of what it costs to employ someone domestically.

    This is wrong kind of. Wages should be proportional to cost of living, but being so horrendously low in elsewhere is terrible.
     
  8. marmalade

    Wise Guy

    Joined: Oct 18, 2002

    Posts: 1,809

    Location: Victoria OZ /Germany/UK

    not an appetizing family - trough wallowers
    Oz a country aspiring to fair goes!
     
  9. Evangelion

    Capodecina

    Joined: Dec 29, 2007

    Posts: 23,934

    Location: Adelaide, South Australia

    Rinehart is a joke. The average Australia doesn't give a toss about what she thinks, and we can afford to take this attitude because she has no political clout.

    You got screwed bad. I'm on $70 per month with no cap at all. Totally unlimited.
     
  10. ThomasTheTankEngine

    Wise Guy

    Joined: Jan 24, 2010

    Posts: 2,144

    She looks like a deep-fried Kathy Bates.
     
  11. Mr_T

    Hitman

    Joined: Feb 7, 2006

    Posts: 728

    Location: Perth, Australia

    My experience of mining in Australia

    1. It's unbelievably safe, the mining companies take health and safety very seriously and it influences all their decisions

    2. The wages aren't as high as first perceived, when you work on a site you'll be doing 12 hour days for your shift pattern typically it works out that you work the equivalent of 60hour weeks. So hourly rate isn't that different from a 40hr/week city job.

    3. The iron ore mining industry is under some stress at the moment due to the drop in ore prices. The big mining companies are making efficiencies to keep costs down, Rio Tinto for example have driverless trucks, all remotely controlled by someone sat a 1000 miles away.

    4. Cost of living is generally ok, but WA is the most expensive state on most accounts.
     
  12. marmalade

    Wise Guy

    Joined: Oct 18, 2002

    Posts: 1,809

    Location: Victoria OZ /Germany/UK

    Don't insult Kathy Bates - great actress and reasonable poysonage!
     
  13. Evangelion

    Capodecina

    Joined: Dec 29, 2007

    Posts: 23,934

    Location: Adelaide, South Australia

    But without the winning personality.

    :D
     
  14. Meridian

    Man of Honour

    Joined: Oct 18, 2002

    Posts: 11,889

    Location: Vvardenfell



    So why, when they suggest a wage cut, do they never suggest cutting their own wages, or those of the senior staff, only the junior ones? Why do the wages of the people who actually do the work have to "compete" with Third World wages to be as low as possible, but the wages of senior managers and execs need to "compete" with the huge wages of their US equivalents to be as high as possible? If she was to halve her own salary, she would still be vastly better off than all or almost all of her employees, but the company would be more competitive because of reduced overheads. But anyone want to suggest the odds of that happening?
     
  15. DAIR

    Sgarrista

    Joined: Jul 23, 2009

    Posts: 8,681

    Location: Cayman Islands


    Looks more like a Euro Millions Lotto winner....
     
  16. elmarko

    Capodecina

    Joined: Sep 22, 2011

    Posts: 10,428

    Location: Portsmouth (Southsea)

    Exactly this.
     
  17. dante6491

    Soldato

    Joined: Jun 30, 2006

    Posts: 5,907

    Location: London

    Indeed I do agree. However a lot of the time the super wealthy don't draw that much of a salary. Buffet takes home $150k from Berkshire Hathaway. The extra $bn he earns are from shares and other financial products. I can't comment on Rinehart's salary as I have no idea what it is.
     
  18. Kamwah

    PermaBanned

    Joined: Nov 24, 2011

    Posts: 3,573

    It's always fine to say "Let's work for less" when you make more than nearly anyone else in your country.
     
  19. G-MAN2004

    Caporegime

    Joined: Jul 4, 2004

    Posts: 29,734

    I would sleep with her for her money.
     
  20. Evangelion

    Capodecina

    Joined: Dec 29, 2007

    Posts: 23,934

    Location: Adelaide, South Australia

    I don't know about salary, but she earned $18.87 billion in 2011. That's a pretty good wicket.