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Issue No. 307 19 May 2006  
E D I T O R I A L

Open for Business?
While our focus in recent months has rightly been on the federal political arena, the first skirmish in the battle for rights for NSW workers will occur at the state election, due in just nine months.

F E A T U R E S

Interview: Out of the Bedroom
Reverend Jim Wallis is leading a crusade to take the moral debate into the public arena.

Industrial: Cloak and Dagger
The Howard Government has begun a series of workshops to sell its WorkChoice vsision. Sean Ambrose sneaked through the doors for Workers Online.

Unions: Lockout!
Jim Comerford’s eyewitness account of the 15-month Lockout of 10,000 New South Wales miners in1929-1930 records the inside story of Australia’s most bloody and bitter industrial conflict

Legal: The Fantasy of Choice
Professor Ron McCallum argues the WorkChoices laws are built on a fundamental fiction.

Politics: Labor Pains
Labor has dealt itself out of the crucial workplace relations debate by failing to articulate a credible policy alternative to Howard’s new WorkChoices legislation, argues Mark Heearn and Grant Michelson

Economics: Economics and the Public Purpose
Evan Jones pays tribute to John Kenneth Galbraith, a big man who never stopped arguing that economics should serve the public good, not create public squalor.

Corporate: House of Horrors
Anthony Keenan takes a tour of Sydney’s notorious, Asbestos House, courtesy of Gideon Haig.

History: Clash Of Cultures
Neale Towart with a new take on Mayday through the words of a punk icon

International: Childs Play
An ILO report into Child Labour shows some progress is being made to curb this gobal scurge .

Culture: Folk You Mate!
Phil Doyle dodges Morris Dancers to find signs of Working Life at the National Folk Festival in Canberra over the Easter Weekend.

Review: Last Holeproof Hero
Finally, a superhero who has worked out how to wear his underpants. Nathan Brown ogles V for Vendetta

N E W S

 Laughing All The Way To MacBank

 Perth Apartments Go Like a Bomb

 AWAs - Just Say No!

 Andrews Puts Contracts on Families

 Safety Laws Mine New Depths

 Builder Threatens Homes

 Beazley to Halt Maxi-Scam

 Umpire Stumps Minister

 Worker Dumped Over Casual Affair

 Councils Trash Workers

 Union Journo Escapes Fiji

 Canucks Crash Howard’s Party

C O L U M N S

The Soapbox
Albo's Meltdown
Labor's environment spokesman Antony Albanese argues that Chrernobyl is one reason why the ALP should stand firm on nuclear.

The Locker Room
A Sort Of Homecoming
Phil Doyle plays to the whistle.

Parliament
The Westie Wing
Our favourite MP, Ian West reports from Macquarie Street on some strange collective acction.

L E T T E R S
 Psychometric Testing for Bullies
 Pleased with Beazley
 What is Working Class
 National Day of Protest
 Tax Cuts
 Solidarity
 Independent Contractors
 Drought Proofing
 Higher Profile for Labor
WHAT YOU CAN DO
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News

Laughing All The Way To MacBank


Joe Public is paying for the multi-million dollar salaries of Macquarie Bank executives.

The Fair Pay Commission has been asked to examine the economic implications of eight figure executive salaries in the wake of this week's Mac Bank revelations.

Unions NSW has written to Dr Ian Harper asking for an investigation of how the big end of town's largesse to itself impacts on the nation.

"Executive pay increases are in the vicinity of 120% to 150% while working people are getting rises of 4%," says Unions NSW secretary John Robertson.

The bagmen for some of Australia's largest infrastructure projects are trousering up to $21.2 million each.

Robertson said that Unions NSW had called for a binding vote of shareholders on proposed executive salary increases.

"The federal government merely supported non-binding votes, which are clearly not working."

"These salaries are being paid for by the taxpayers of Australia because of Macquarie bank's involvement in infrastructure."

The Sydney Morning Herald reported that Macquarie bank CEO Allan Moss was paid $21.2m a year, while executive chairman David Clarke pocketed $11.4m a year working at the bank known as "the millionaire factory"

The Macquarie bank is Australia's largest operator of toll roads and also owns Sydney Airport.

It has announced plans to buy into other infrastructure projects, including regional airports and future toll road projects.

Recently, questions have been raised about Macquarie Bank's involvement in the Beaconsfield Gold Mine, which took the life of miner Larry Knight.


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