Aussie CEO Wants Unemployment To Rise And 'Pain In The Economy'

Millionaire Tim Gurner said people need to be reminded “that they work for the employer, not the other way around."

An Australian CEO who previously blamed the financial woes of millennials on their consumption of avocado toast now has another hot take: He wants unemployment to rise drastically in his home country because workers are too arrogant.

On Tuesday, Tim Gurner, the founder and head of Gurner Group, suggested that employees need to be reminded “that they work for the employer, not the other way around,” according to The Australian Financial Review.

“People decided that they didn’t really want to work so much anymore through COVID and that has had a massive issue on productivity,” he told The Australian Financial Review Property Summit in Sydney.

“There’s been a systematic change where employees feel the employer is extremely lucky to have them,” he said. “They have been paid a lot to do not too much in the last few years, and we need to see that change.”

His solution? A significant rise in joblessness.

“Unemployment has to jump 40, 50%,” said the millionaire property developer. “We need to see pain in the economy.”

The Daily Mail noted that Australia’s current unemployment rate is 3.7%, and that a 50% increase would put an additional 275,000 Australians out of work.

But the bright side, Gurner said, is that this would lead to “less arrogance in the employment market.”

You can hear his comments, in all their Monopoly Man glory, below.

Gurner had been widely mocked online for his avocado toast remarks in 2017. Now, with his latest claim to obnoxious avarice, he once again got burned.

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost