Union demands will ‘wreck’ economy: former finance chief

Union demands will ‘wreck’ economy: former finance chief

- Boomtime pay levels were unsustainable - Defined benefit pensions should be on the bargaining table

Public sector unions are making unfair pay demands that will “wreck” the country’s finances, according to the former head of the Department of Finance.

John Moran, who was secretary general from 2012-2014, warned that the economic recovery was losing momentum and the public finances “teeter on a new precipice” because of challenges facing the country from outside shocks.

Writing in today’s Sunday Business Post, he said there was a more dangerous challenge coming from...

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