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

 

Will 'The Guy Who Does The Lotto' Prop Up Kiwibank

Will 'The Guy Who Does The Lotto' Prop Up Kiwibank?

"Kiwibank should not rely on low wages, sub-standard security and poor conditions," said Don Farr, general secretary of Finsec, the union for bank workers.

"This is a bank started with tax payers' money by a Labour/Alliance Government. The Government cannot expect to maintain credibility with our members if it sanctions the undermining of their pay, security standards and conditions of work.

"Many Kiwibank employees will be employed, not by NZ Post, but by franchise holders in premises with inadequate security, where wages and conditions do not meet industry standards. The 'guy who does the Lotto' will also serve bank customers.

"There are glaring contradictions here. A bank set up for low income people is about to perpetuate low incomes and unsafe, sub-standard conditions among its workers. Workers have paid for the bank once through taxes and will now subsidise its operations.

"We are concerned about this, and we are also deeply concerned at the implications of these low wages and standards on the state of the industry as a whole."

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra (And Dairy NZ)'s Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO: