‘We need to see pain’: The developer who says unemployment must rise

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‘We need to see pain’: The developer who says unemployment must rise
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Employees have become too arrogant and are weighing on productivity, according to property developer Tim Gurner.

Property developer Tim Gurner says employees have become too arrogant, and that unemployment must rise substantially to lift productivity, especially in the construction sector.

‘We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around.’“We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around. There’s been a systematic change where employees feel the employer is extremely lucky to have them, as opposed to the other way around. It’s a dynamic that has to change.

On Tuesday, CBA chief economist Stephen Halmarick said there was a shortfall in dwelling construction in Australia.

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