Yes, there is anger; and yes, it is driven by pessimism (perhaps even despair). However, I disagree with this paper’s Paul Kelly (US election: Trump victory marks revolt against Establishment, The Australian 10/11/2016) that the election of Trump “is a vote against globalisation, its inequities and the progressive cultural norms starting to transform America.”
Though those observations are correct, they are symptomatic of western policy settings of the last couple of decades.
What I am witnessing is a disillusionment of the former middle-class, that used to know what its purpose and future was, and had hope for its children.
The mistake that first world governments have made is not the embracing of globalisation and progressive norms, but they have not provided a transition for those most affected by these ‘facts’ of life.
One could argue that ideology and theory have trumped reality, resulting in large swathes of the population seeing their future plans vapourise without anyone there to explain the change, or light the path to the future for them; and more importantly their children.
Terms such as ‘trickle down economics’ don’t mean a thing to an auto-worker who has lost his or her job; other than someone with a comfortable life and secure future is telling them that ‘everything is going to be OK buddy.’
I disagree with most of the President-elect’s policy positions, but I do agree with (and we have seen the effectiveness of) sticking up for domestic business.
For the last year I have been arguing the case to government that all businesses that tender for government (i.e. tax-payer funded) contracts should have the amount of tax they pay in Australia taken into account. The basic premise of my argument is that if they are being paid by the public, they should be contributing an equitable amount of tax to the system from which they are generating revenue.
This should be done in accordance with the intent of Australian tax-law, not the black and white interpretation of it that permits multinationals to avoid, and in some instances outright evade paying their fair share of tax in Australia.
The simple outcome would be that if you’re not contributing to the system, you’re not earning from the system.
The response I received in September from the Minister for Finance, Senator the Hon Mathias Cormann, stated:
Australia’s international trade agreements contain provisions on government procurement that include commitments to non-discriminatory procurement processes. The framework requires that all potential suppliers to government not be discriminated against due to their size, degree of foreign affiliation or ownership, location, or the origin of their goods or services. Reciprocally, our free trade partners also apply rules to ensure Australian suppliers are not disadvantaged when tendering for government procurement in their countries.
At a superficial level the Minister’s response is reasonable, what it fails to take into account is that the assessment I propose would apply to both Australian and international entities – there is nothing discriminatory about that.
It is also the kind of response that sees formerly Australian businesses relocate to low-tax jurisdictions such as Singapore and cost local jobs because our political leaders talk a big game but do very little to support local business and jobs.
What’s more, we learnt from Dave Oliver (ACTU pushes for government projects to ‘buy Australian’, The Australian, Ewin Hannan, 10/10/2016) that his proposal is based on “a similar ‘Buy American’ provision introduced by the Obama government after the global financial crisis.”
I guess our American counterparts have a slightly different interpretation of the free trade agreement between our two nations than Senator Cormann.
So on the 20th of January 2017 Donald Trump will be sworn in as the 45th President of the United States. A large part of which is the result of sticking up for local business and those who no longer feel that they have a future.
John Anastasiou is the founder and Managing Director of the Mercury Group of Companies based in Melbourne.
His organisation provides a range of innovative Human Capital Management solutions across executive recruitment, performance appraisals, credentialing, identity verification and police and background checks.
John holds a Bachelor of Behavioural Science, Honours in Applied Psychology, post graduate studies in Human Resources and Industrial Relations and a Master of Business. He has also held senior academic positions and sat on the Boards of a number of Not for Profit and aged care organisations.
email@example.com or 0419 988 876
Image Credit: Perception7 / Shutterstock.com
Medical Practitioners may soon face regular ongoing competency testing under a new proposal..
“As a customer of fit2work we find them very responsive to our enquiries and communicative about system issues and improvements. fit2work has greatly assisted us in expediting and improving the rigor of our recruitment process.”
“Implementing Mercury Recruit has considerably decreased the end-to-end cycle time for recruitment, removing a significant amount of administration work.
Moreover, Mercury Recruit also helps us to ensure that all applicants complete the declarations and are willing to undertake checks to comply with legislative and policy requirements of Monash Health, including police checks.”
“Engaging fit2work has given us a clear operational advantage over our competitors. The staff are professional and courteous. If you are in need of a reliable and timely company to conduct your pre employment security checks we warmly recommend the team at fit2work.“
“fit2work has greatly improved the efficiency of our police checks process from 6 weeks to 60 seconds, reducing our overall recruitment timeline.
I have found the system to be a very clean way to process and organise our current employee police check renewals and potential employee information.
fit2work’s team are always helpful when responding to enquiries about the system or any system changes and updates. They have the flexibility to modify and improve the system to make life easier for their customers.“
“My experience with fit2work has been an easy transition, the website is easy to use, the immediate response ensures we can start new staff quickly which in retail means we can cover ourselves.
fit2work is a great tool to use to ensure when hiring new employees, you are getting quality employees.“