Firms gain comparative advantage from how good their people are. Retaining and attracting talent is a key point of competitive advantage in the global economy. We are seeing that play out, and there are implications for Australia, too. The idea that companies now compete on who can pay their workers the lowest - that's all changing.

I don't want the values of others being imposed on my children in my school, and I don't think that should be happening in a public school or a private school.

My view is we need the best environment for businesses to grow. That is the best opportunity to ensure wages can lift, not artificially but sustainably.

Scott Morrison Quotes