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

 


Treasury papers based on assumptions

Treasury papers based on assumptions

Treasury papers claiming the impact of the Employment Relations Law Reform Bill could be "modest" suggest a fundamental misunderstanding of legislation that would make collective bargaining compulsory, says Business NZ.

Chief Executive Simon Carlaw says the Treasury appears to have decided that the Bill's provisions on contracting out and sale of business matter more than any other provisions because current union coverage in the private sector is so low.

"Regrettably, this assumption is wrong. Yes, contracting out and sale of business will have negative impacts. But so will the assault on employer and employee freedoms that permeate the rest of this Bill, which is focused completely on rebuilding union control in the workplace - a clear path back to the seventies.

"At least the Treasury seemed earlier last year to have some glimmer of what is coming:

'Given the breadth of the changes proposed, the cumulative effect of the package may be perceived to shift the current employment regulatory regime.'1

"Pity they didn't quantify the likely impact of that 'regime shift' - employment-related compliance requirements already cost small employers $800 per employee2 or $665 million for the economy as a whole every year.

"This regime shift can only increase costs further while destroying freedoms," Mr Carlaw said.

1 Treasury Report 28 March 2003 page 5

2 Business NZ-KPMG Compliance Cost survey

http://www.businessnz.org.nz/file/598/BusinessNZ-KPMGComplianceCostSurveyReport.pdf

© 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