Gurner group CEO Tim Gurner apologizing on LinkedIn for comments he made at The Australian Financial Review Property Summit. "Unemployment has to jump 40, 50% 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,” Gurner said. Veuer's Elizabeth Keatinge has more.
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00:00 "I made some remarks about unemployment and productivity in Australia that I deeply regret
00:06 and were wrong."
00:07 That's Gurner Group CEO Tim Gurner apologising on LinkedIn for comments he made at the Australian
00:13 Financial Review Property Summit.
00:15 "Unemployment has to jump 40, 50 percent in my view.
00:19 We need to see pain in the economy.
00:21 We need to remind people that they work for the employer, not the other way around,"
00:25 Gurner said.
00:27 Gurner also said since COVID, people "have been paid a lot to do not too much in the
00:32 last few years and we need to see that change."
00:37 It's not the first time the real estate CEO has shaken things up with controversial remarks.
00:42 In 2017, Gurner suggested Millennials' penchant for spending money on avocado toast was preventing
00:49 them from becoming homeowners.