Australian real estate CEO Tim Gurner made headlines this week for some callous remarks about workers. Speaking at the Financial Review Property Summit, he said: “I think the problem that we've had is that we’ve… people have decided that they didn’t really want to work so much anymore through Covid, and that has had a massive issue on productivity. Tradies [laborers] have definitely pulled back on productivity. They have been paid a lot to do not too much in the last few years. And we need to see that change. We need to see unemployment rise. Unemployment has to jump forty, fifty percent in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around.”
I suspect Tim, who's also the avocado toast guy, just does this stuff for pure marketing purposes. After all, he's not insulting those who fund and purchase his high end luxury apartments he pushes out people to build.
I suspect Tim, who's also the avocado toast guy, just does this stuff for pure marketing purposes. After all, he's not insulting those who fund and purchase his high end luxury apartments he pushes out people to build.