Mining profits surge and wages reduce

‘A new report says Australians are not seeing enough economic benefits from the country’s once-in-a-century mining boom.’

Another indication of how prosperity is benefiting the already exceptionally rich, and not being managed to benefit the wider community.

We have lost sight of the reason and reality that a single person and their family can only benefit from so much monetary wealth. The culture of never enough is rife in this behaviour.

Once again the Scandanavian countries are punching well above their weight with inclusive practices as exhibited in their education and music programmes, especially Finland, and in Norway’s Sovereign Wealth Fund.

References

http://www.abc.net.au/news/2013-11-26/cfmeu-says-australian-not-seeing-mining-boom-benefits/5116520

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