Scoop has an Ethical Paywall
Exchange Rate and Labour Market Changes?
Exchange Rate and Labour Market Changes? Government should come clean
The CTU has reacted to comments made by the Prime Minister this morning that the Government is looking at labour market 'reform' as an option to address the high exchange rate.
Peter Conway, CTU Secretary, said that it appears the Government is positioning to launch further attacks on work rights which will reduce the ability to bargain for better wages.
"We have been increasingly concerned that the Government has abandoned any attempt to build a 'high wage, high skill, high value economy' and instead is advocating for a 'competitive' economy based in part on weakened rights for workers."
Peter Conway said the Government should come clean on these changes rather than hint at them in response to further volatility in the exchange rate.
"Alternative measures from the Reserve Bank to directly control use of credit, restrictions on bank reliance on overseas funds, and moves to a pegged exchange rate against a basket of currencies are the sorts of measures the Government should be exploring, not further attacks on work rights."
ENDS
New Zealand Council of Trade Unions
Te Kauae Kaimahi
The New Zealand Council of Trade Unions Te Kauae Kaimahi brings together over 350,000 New Zealand union members in 40 affiliated unions. We are the united voice for working people and their families in New Zealand.
Gordon Campbell: On bird flu, AUKUS entry fees and Cindy Lee
Susan Botting - Local Democracy Reporter: Ruawai Leader Slams Kaipara Council In Battle Over $400k Property
Te Pati Maori: Another ‘Stolen Generation’ Enabled By Court Ruling On Waitangi Tribunal Summons
Peace Action Wellington: Die In for Palestine Marks ANZAC day
Labour Party: Penny Drops – But What About Seymour And Peters?
Government: PM Announces Changes To Portfolios
Family First: Just 1 In 6 Oppose ‘Three Strikes’ - Poll
