19.3 C
Byron Shire
April 17, 2024

Big banks get bigger

Latest News

Man saved by Marine Rescue NSW after vessel capsized on Bruns Bar

A rapid response by Marine Rescue Brunswick volunteers has saved a man’s life after his 4.9 metre boat rolled on Brunswick Bar this morning.

Other News

Man charged over alleged home invasion – Kingscliff

A man faced court yesterday charged over an alleged home invasion in Kingscliff that left one man dead and another seriously injured.

Express. Empower. Get loud! for Youth Week in Lismore

This year’s Youth Week is theme is Express. Empower. Get loud!

Teenager arrested following an alleged stabbing

A teenager remains in police custody following an alleged stabbing at a church in Sydney’s south-west overnight.

Jungle Juice – squeezing the most out of life!

Four years ago, Guido and Natalia Annoni decided to swap the rat race for the jungle – heading north...

After school care phased out 

Byron Council will cease providing out of school hours care (OSHC) in the shire after deciding that the cost and regulatory burden is too great to bear.

Wage peace not war

Northern Rivers Peace group, Remembering and Healing is inviting all community members to a peace gathering on the eve of ANZAC Day.

So the mighty banks may sack a thousand workers next year, as will Qantas, because their profits may be a little less than five billion dollars.

This move is simply greed engineered because they can pay poor, disadvantaged Asian workers a fraction of an Australian’s wage.

This action is not only morally corrupt, but also very shortsighted as it is Australian depositors and fliers who help them make these obscene profits. I also find it strange that the directors of most of these institutions come from places such as Ireland, South Africa, America, and Europe. None of them are Australians with seemingly any sense of long-range concern for Australia or our children.

And while we are on the subject of greed, let’s add up the amount of wages the entire board of directors of these institutions, including the recently privatised electricity companies, receive in total. I am guessing that it amounts to hundred of millions of dollars that could be paying thousands of real workers.

It is also shocking to take note of just how many ex-premiers and politicians are on these boards of directors, raking in the millions.

Our system is presently based on greed and huge profits and will eventually lead to collapse, as is happening in Greece and Europe, unless we act now. A really good start would be to declare the opposite of our minimum wage law and make a maximum wage. Let’s be really generous and make it two million dollars per annum, not 50 or 100 million as many of these directors are receiving now, further weakening our economy and creating hardship for our people.


Darrell McDowall, Ewingsdale 

Support The Echo

Keeping the community together and the community voice loud and clear is what The Echo is about. More than ever we need your help to keep this voice alive and thriving in the community.

Like all businesses we are struggling to keep food on the table of all our local and hard working journalists, artists, sales, delivery and drudges who keep the news coming out to you both in the newspaper and online. If you can spare a few dollars a week – or maybe more – we would appreciate all the support you are able to give to keep the voice of independent, local journalism alive.


Please enter your comment!
Please enter your name here

Wallum showdown unfolds in Brunswick Heads

Around eight people have been arrested so far, since almost fifty police arrived at the Wallum development in Brunswick Heads this morning to escort machinery and other work vehicles on to the site. Police include local officers, members of the NSW Public Order and Riot Squad, and Police Rescue.

Northern Rivers Recovery and Resilience Program announces 36 projects

Bridge expansions, upgraded pumps, enhanced evacuation routes and nature-based projects are just a few of the 36 projects being rolled out as part of...

Reef snapshot details widespread coral bleaching on the Great Barrier Reef

Latest CSIRO research shows that the fifth major bleaching event since 2016 is still unfolding, but bleaching was just one of the disturbances on the reef over summer.

Invitation to get to know the real Nimbin

The MardiGrass Organising Body (MOB) say Nimbin's annual festival will kick off with the launch of a very special audiovisual book on Friday 3 May, 'Out There: a potted history of a revolution called Nimbin'.