As mentioned in crikey today, John Howard pledged to protect the wages of the Australian workers;
“Under no circumstances will a Howard Government create a wages system that will cause the take home pay of Australians to be cut. Under a Howard Government you cannot be worse off, but you can be better off. I give this rock solid guarantee our policy will not cause a cut in the take home pay of Australian workers“.
History will be the judge of that, but things are’t looking so good at the moment.