Australian Left Review

Article Title

China Shop: A Dry View on Wages

Abstract

"In contrast to the Fraser government's assertion that a wage freeze will make more funds available for employment, the reality is that a reduction in demand, through severely reduced incomes for most of the population is bound to accentuate economic recession and increase unemployment." Statement of Accord by the Australian Labor Party and the Australian Council of Trade Unions regarding economic policy, February 1983.