Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


ERA – framework for NZ’s growth


24 January 2002

ERA – framework for NZ’s growth

“The Employment Relations Act provides the necessary framework for the future growth New Zealand needs,” said Council of Trade Unions secretary, Paul Goulter today.

Commenting on an NZIER survey on the impact of the ERA released today, Paul Goulter said:

“Unemployment is down since the ERA and wages are trending slightly up, but the real gains of our industrial framework, the sustainable gains that come from a high/skill, high/wage economy, will take longer than 12 months to be realised.”

Paul Goulter said the Employment Contracts Act had to go not only because it exploited our workforce, but because it was bad for business.

“The short term, opportunistic approach of the ECA was demonstrated in the lack of commitment business showed to training during the ECA era,” he said.

“We needed a change to an industrial framework which is about fairness and balance in employment relations and an investment in upskilling our workforce and rewarding workers appropriately.”

Commenting on the work stoppage figures released today, Paul Goulter said they were predictably up from the very low figures of last year.

“Last year we had the lowest work stoppage figures for the past decade,’ he said.

“This year the number is closer to the 1997 figure after five years of the Employment Contracts Act, but nowhere near the figure of 72 in 1996.”

Paul Goulter said the increase in stoppages was due to a tight labour market, a transition to a different industrial framework, including an increase in worker confidence, and some employers failing to recognise the new environment.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>


Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>


RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>


ScoopPro: Helping PR Professionals Get More Out Of Scoop has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>