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Q2U: why a public sector union member after union dues and taxes, so a clean paycheck in his/her hands, still makes more money than a private sector non unionized employee, for the very same identical position, duties and responsibilities, who pays for THAT particular after tax/union dues wage difference btwn public sector union employee and private sector employee, WHO?
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The export dairy basket it at A$8.00. It would be fascinating to know how the MG retail contract works with this value. MG are spending hundreds of millions to sell liquid milk into the low price domestic sector while powder driers could return top dollar. This domestic move by MG looks like a major blunder. If MG had not climbed into bed with the duopoly they could now buy all the NSW milk they cared to and ship it to Victorian powder plants destroying the strangle hold of the duopoly. Milk powder is returning more than 60 cents at the farm gate. Cheese into japan burberry is now also very lucrative as those values have recently soared. Will the value of dairy be passed on to the liquid milk consumer? MG management didn't see the China phenomena coming but Woolies did and checkmated farmers. Gary Helou claimed the contracts give a premium of export value. I have never met anyone who is convinced this would be genuine. If it was so MG would be confidently paying it's farmers with signals that next year's price is starting well above $7.00. Gary Helou tells a good story but repeating confident claims can only work for a burberry limited period. What would MG do if Saputo opened early at A$7.30?
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