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

 


Five per cent now the going rate

May 4, 2005

Metals settled

Five per cent now the going rate

New Zealand’s largest private-sector industrial agreement, the Metals and Manufacturing Industries Collective Agreement, has been settled.

Engineering, Printing and Manufacturing Union national secretary Andrew Little announced this afternoon that 73 employers had signed into the agreement, which would now be offered to other employers.

The settlement includes a five per cent pay rise. The new document is effective from the expiry of the old agreement on March 7, and will run for 15 months.

“This is a victory for the hundreds of workers who stood together through a two-month dispute to win a fair pay rise,” Mr Little said.

“Most of the workers who took industrial action in support of this agreement have never done anything like it before. Their stand sends a message to workers across the country that they can have real influence in the workforce if they are prepared to work together.”

The Metals multi-employer collective agreement is recognised as setting the going conditions across the manufacturing sector, and the collapse of talks to renew the agreement in February sparked the launch of the union’s Fair Share – Five in ’05 campaign for a minimum five per cent pay rise for all working people.

Mr Little also announced today the settlement of 23 other agreements at five per cent or more, and six agreements below five per cent.

“We have settled some agreements below five per cent where there is a very good argument to do so,” he said. “For example, we agreed to a 3.1 per cent increase at a plant which had just had the roof torn off by a tornedo, and there are usually improvements in other conditions associated with the settlement.

“But they are the exception. We now have 96 companies that have agreed to five per cent pay rises, and more are coming in every day. There is now no question that five per cent is the benchmark figure for pay rises in 2005.”

Update on other disputes:

Solid Energy and contractors – negotiations resume next week for a national coal miners’ agreement.

Bridgestone Tyres, Christchurch – trades workers into their fourth week of strike.

Colgate Palmolive, Petone – negotiations resumed today.

Sleepyhead, Auckland, – one-day strike on Friday.

New Zealand Refining Company, Whangarei – overtime ban.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

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:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news