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

 

Fair Pay Agreements not suitable for New Zealand


BusinessNZ endorses the New Zealand Initiative’s report 'Why Fair Pay Agreements would be bad for labour,' and agrees that compulsory sector-wide bargaining would not be a suitable system for New Zealand.

BusinessNZ Chief Executive Kirk Hope says the report accords with the employer views expressed during the Fair Pay Agreement working group.

"Having Fair Pay Agreements centrally negotiated by unions and industry reps would mean businesses losing the freedom to set wage rates appropriate to their own workplaces.

"This kind of approach in past years led to wage inflation, higher prices and strikes."

Mr Hope said the NZ Initiative report identified other policy approaches that would better serve productivity and growth and cost of living issues, including improving education outcomes, addressing housing affordability and continuing to make New Zealand an attractive investment environment.

"As an alternative to Fair Pay Agreements, we would encourage the Government to consider these policy approaches."

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

$7.5 Billion Surplus: Government Accounts "Show Strong Economy"

“The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more on infrastructure and make record investments in health and education,” Grant Robertson says. More>>

ALSO:

New OIO Application Trumps Judicial Review: OceanaGold Cleared To Buy Land For Waihi Tailings Expansion

In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage. More>>

ALSO:

Christchurch Rebuild: Fletcher Sued For $7.5m Over Justice Precinct

Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. More>>

Three New Drugs: PHARMAC Signs Bundle Deal For More Cancer Medicines

420 New Zealanders with lung cancer, breast cancer, multiple sclerosis and respiratory disease will benefit each year from a bundle deal PHARMAC has finalised with a medicine supplier. More>>

ALSO:

"Levels Playing Field": Government Responds To Electricity Price Review

The changes announced today include: • Supporting new and independent retailers by requiring the big power companies to sell into the wholesale market at affordable rates. • Extending discount rates to all customers • A pilot scheme to help customers who have not switched power providers before to shop around for better deals... More>>

ALSO: