It might sound a little boring to you, a blog post about shopping. A little too ‘domestic’.
But how you shop and what your motives are for the purchasing choices you make reveal a lot about your personality. They also send powerful financial signals to the people whose products you buy and also those you choose to ignore.
In a world where money unfortunately dominates business decisions, how you spend really does matter.
Are you spending local, supporting extra local jobs?
Or are you buying the cheapest similar product, regardless of it’s origin, likely supporting the under-payment of workers in foreign nations? Do you join in ‘boycotts’ of products with certain ingredients or brands involved in controversial practices?
Do you go and visit a local butcher? Do you get your bread from a local bakery? Do you visit a local fruit and vegetable store for your fruit and veg?
We expect Members of Parliament to keep their wages in reasonably proportional to the minimum wage. The ‘base salary’ for a Member of Federal Parliament is $195,130. That’s a little over 5.5 times the minimum wage salary, but the hours are MUCH longer for it.
So why do we not expect the same from CEOs like Peter Lowy, who recently received a salary equivalent to 341 times the minimum wage? Or to put it another way, Peter Lowy receive 60 times the salary of a Member of the Australian Parliament.
Today has been a long day and I haven’t the energy for any serious political analysis after work and rehearsing for the Selekt Few performance at Back to the Roots this Saturday, at ‘The Bakery’ Northbridge.
So today’s post is an educational video for you to watch and from which to learn.
This gave the Abbott Government it’s first potential ‘trigger’ for a Double Dissolution election, which it had been threatening to force since failing to win a majority in both houses at the election last year.
The CEFC provides a critically important function in enabling Renewable Energy projects to get off the ground in Australia, investing $536M in 2013 and enabling projects worth more than $2bn to go ahead. These projects will generate abatements in excess of 3.8M tonnes of carbon emissions per year. Additionally the CEFC is profitable business in it’s own right, with a 7% profit achieved in its first 3 reporting quarters.
There are no ‘savings’ to be made by abandoning the CEFC.