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

 


Patrons will be up for extra $63m a year

Patrons will be up for extra $63m a year, says Hospitality Association President

Proposed legislation will result in $63 million being added to current operating costs for the hospitality industry, which will have to be passed on to the consumer.

This message estimating additional upcoming costs was delivered to the annual conference of the Hospitality Association of New Zealand at its 101st meeting in Christchurch this morning.

The association’s president, Bill McLean, said the estimated cost to the industry of $12 million for extra wages for statutory holidays; $35 million covering the extra week of annual leave being proposed and $16 million for accumulated sick leave cannot be absorbed by operators and consumers will end up paying for it.

“It’s no wonder that there’s been little movement in employee remuneration over the past couple of years, as businesses struggle to absorb Government-imposed costs,” he said.

Mr McLean said that the impending introduction of mandatory time-and-a-half on statutory holidays (additional to the day in lieu employees get), the industry will have no choice but to apply statutory day surcharges … not to increase profitability, but to simply stand still.

He said that the extra week of annual leave being proposed could be the catalyst for some hotels and taverns having to close.

“Margins are already too slender and adding the burden of funding additional employees will simply be too much for some operators to meet and additional staff to cover the extra annual leave would be too much for some operators,” he said.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news