Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Booming economy will test labour market

If recent economic forecasts of a “rock star” New Zealand economy are correct then New Zealand workers should expect pay rises of at least four per cent this year if the labour market is working fairly, Labour’s spokesperson on Labour Issues Andrew Little says.

“Some business commentators have predicted an economic boom driven by the Canterbury rebuild, on-going high dairy industry returns and improvements in export markets around the world.

“But a survey released by Westpac today suggests less confidence amongst workers, however, with many feeling less job security and fewer expecting a pay rise.

"The economy isn't just investors and business owners, it is working people too - whether they are on a wage or salary or a contract fee - and in a properly functioning economy they should also see decent pay rises and better incomes this year.

"Bill English said this morning as he prepared to travel to the World Economic Forum in Davos that economic benefits had to be shared with workers.

"How nice that the Minister of Finance has had a pang of conscience but he might also wonder how the benefits of economic growth are going to be shared when every bit of employment legislation this government has passed in the last six years has made employment less secure and made it harder to get a pay increase.

"The real test of how fair our labour market rules are is the level of pay increases working New Zealanders will get this year, especially those not under a collective agreement.

"If you look at the drivers of growth and the expectations of the level of growth as well as factors such as interest rate rises predicted from April, then a reasonable level of wage growth will be at least 4 per cent, with higher levels justified in sectors like construction.

"If we don't see this level of wage growth then the labour market isn't working."

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Digital Evolution: Scoop Independent News Launches "Operation Chrysalis"

From today Scoop is beginning a process of public consultation with the political, business and civil society groups it has served for the past 15 and a half years.

"It is hoped that in time - with new leadership and increased community engagement - the chrysalis will incubate a new kind of Scoop, one which can sustainably continue Scoop's Mission 'to be an agent of positive change'", says Scoop Founder, Editor and Publisher Alastair Thompson.

"As big publishing shrivels, public participation in contributing and spreading news has grown. Scoop has evolved with this wave by providing an independent platform, committed to upholding democracy, providing a voice to all, and providing the public easy access to information about decisions which affect them." More>>

 

Parliament Adjourns:

Greens: CAA Airport Door Report Conflicts With Brownlee’s Claims

The heavily redacted report into the incident shows conflicting versions of events as told by Gerry Brownlee and the Christchurch airport security staff. The report disputes Brownlee’s claim that he was allowed through, and states that he instead pushed his way through. More>>

ALSO:

TAIC: Final Report On Grounding Of MV Rena

Factors that directly contributed to the grounding included the crew:
- not following standard good practice for planning and executing the voyage
- not following standard good practice for navigation watchkeeping
- not following standard good practice when taking over control of the ship. More>>

ALSO:

Gordon Campbell:
On The Pakistan Schoolchildren Killings

The slaughter of the children in Pakistan is incomprehensibly awful. On the side, it has thrown a spotlight onto something that’s become a pop cultural meme. Fans of the Homeland TV series will be well aware of the collusion between sections of the Pakistan military/security establishment on one hand and sections of the Taliban of the other… More>>

ALSO:

Werewolf Satire:
The Politician’s Song

am a perfect picture of the modern politic-i-an:
I don’t precisely have a plan so much as an ambition;
‘Say what will sound most pleasant to the public’ is my main dictum:
And when in doubt attack someone who already is a victim More>>

ALSO:

Flight: Review Into Phillip Smith’s Escape Submitted To Government

The review follows an earlier operational review by the Department of Corrections and interim measures put in place by the Department shortly after prisoner Smith’s escape, and will inform the Government Inquiry currently underway. More>>

ALSO:

Intelligence: Inspector-General Accepts Apology For Leak Of Report

The Inspector-General of Intelligence and Security, Cheryl Gwyn, has accepted an unreserved apology from Hon Phil Goff MP for disclosing some of the contents of her recent Report into the Release of Information by the NZSIS in July and August 2011 to media prior to its publication. The Inspector-General will not take the matter any further. More>>

ALSO:

Drink: Alcohol Advertising Report Released

The report of the Ministerial Forum on Alcohol Advertising and Sponsorship has been released today, with Ministers noting that further work will be required on the feasibility and impact of the proposals. More>>

ALSO:

Other Report:

Leaked Cabinet Papers: Treasury Calls For Health Cuts

Leaked Cabinet papers that show that Government has been advised to cut the health budget by around $200 million is ringing alarm bells throughout the nursing and midwifery community. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news