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

 


National bows to minimum wage myths

National bows to minimum wage myths

Press release: ACT New Zealand
24 March, 2014, 7:05pm

National's move to increase the minimum wage by 50 cents this April is yet another example of the Government's lack of resolve when it comes to economic issues, says ACT Leader-elect Jamie Whyte.

"The economists in the National Party aren't stupid, They know that this will have adverse effects for New Zealand workers and the economy. Yet they continue to intervene in wage rates, in an attempt to position themselves as moderates," says Dr Whyte.

"In doing this, National perpetuates the myth that minimum wages protect the poor.

"John Key has skimmed over the inevitable consequences of this intervention, saying job losses will be 'relatively negligible'. What Key doesn't acknowledge is the unseen effects of minimum wages -- those businesses which don't directly lay off workers will be discouraged from employing more, or replacing those who leave voluntarily in future.

“The best thing that low skilled workers can do is get work experience. It's hard to think of a crueller policy than passing a law that bans the people most in need of work experience from getting any.

"Furthermore, many businesses will pass on their increasing employment costs to the consumer, contributing to the rising price of living which many New Zealanders have come to accept as normal.

"ACT doesn't think it's okay for the state to put up barriers to employment. Nor does ACT think it's okay for the state to intervene to drive up the cost of living.

"Only ACT can provide the economic spine so badly needed in any center-right government."

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

AMA: Scoop's 'Invisible Paywall'

Operation Chrysalis: The Final Countdown - Thanks & There's Still Time To Pledge

Phew! We are now counting down the hours to the end of this crowd-funding campaign at 11pm on Sunday. Thankyou to all those Scoop readers and supporters who have pledged already. You have been awesome. But this is not over yet. More>>

 
 

PARLIAMENT TODAY:

IPCA Reports: Significant Problems In Police Custody

In releasing two reports today, the Independent Police Conduct Authority has highlighted a number of significant problems with the way in which Police deal with people who are detained in Police cells. More>>

ALSO:

Inspector-General of Intelligence and Security: Inquiry Into GCSB Pacific Allegations

The complaints follow recent public allegations about GCSB activities. The complaints, and these public allegations, raise wider questions regarding the collection, retention and sharing of communications data. More>>

ALSO:

TPPA Investment Leak: "NZ Surrender To US" On Corporates Suing Governments

Professor Jane Kelsey: ‘As anticipated, the deal gives foreign investors from the TPPA countries special rights, and the power to sue the government in private offshore tribunals for massive damages if new laws, or even court decisions, significantly affected their bottom line’. More>>

ALSO:

Werewolf: The Myth Of Steven Joyce

Gordon Campbell: The myth of competence that’s been woven around Steven Joyce – the Key government’s “Minister of Everything” and “Mr Fixit” – has been disseminated from high-rises to hamlets, across the country... More>>

ALSO:

RMTU: No Public Submissions On International Government Procurement Deal

“The government is preparing to assent to the Government Procurement Agreement, a World Trade Organisation Treaty which opens up New Zealand Government contracts to foreign companies and closes the door on local businesses and their workers. However the Foreign Affairs, Defence and Trade Select Committee is refusing to take public submissions on the decision.” More>>

ALSO:

Gordon Campbell:
On Pacific Spying

So New Zealand spied on its friends and allies in the Pacific – and has not only been passing on the results to the NSA, but has apparently passed on the details of the Pacific’s relations with Taiwan to our other best friends, the Chinese. On the side, the Key government has also been using the security services to gauge the chances of Trade Minister Tim Groser landing the top job at the WTO... More>>

ALSO:

State Housing Transfer: Salvation Army Opts Out

The Salvation Army has decided against negotiating with Government for the transfer of Housing New Zealand stock.
More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news