Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


$15 minimum wage would help inequality, stimulate economy

2 February 2012

$15 minimum wage would help inequality, and stimulate the economy

CTU Secretary, Peter Conway today said that the government has a golden opportunity in the next few weeks to make New Zealand a fairer place, to help low income families cope with increases in the cost of living and to stimulate the economy, by increasing the minimum wage to $15 an hour when it announces its decision on the annual minimum wage review.

“A small inflation adjustment to the minimum wage is not enough. We are asking that the government raise the minimum wage to $15 an hour. Doing so would be a very significant step in addressing income disparity by raising the income of those most vulnerable to low pay, and the easiest way to compensate low income workers for increases in the cost of living.”

“Further, increasing the minimum wage to $15 would give low income earners a much needed boost that they missed out on in the tax cuts of last year that greatly favoured high income earners. We should remember that tax cuts last year increased the difference in take home pay between someone on $30,000 a year and someone on $150,000 a year by $135 per week, and had an even worse effect on low income earners when coupled with the GST hike,” said Peter Conway.

“Low income households were hit harder than higher income people by the increase in GST by having to pay a greater proportion of their income in GST. Increasing the minimum wage to an appropriate level would help rebalance this equation and put more money in the pockets of low income families who are more likely to spend it creating much needed economic stimulus.”

“Any number of measures of living standards show that a significant proportion of New Zealanders experience hardship on a daily basis and are evidence of the widening gap between rich and poor. The CTU believes the government can make New Zealand a fairer place by increasing the minimum wage to $15, doing so will improve the relativity of the minimum wage to the average wage and provide a more equitable distribution of income,” said Peter Conway.

Peter Conway said that lifting wages overall in New Zealand is vitally important – the minimum wage is one tool, but so is improved innovation and productivity provided the benefits are shared, and extended availability of collective bargaining through industry standards.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Government Confirms Royal Commission of Inquiry:

Friday: National Remembrance Service

A National Remembrance Service for the victims of the Christchurch mosques terrorist attack, and all those affected by it, will be held at 10am on Friday 29 March, Prime Minister Jacinda Ardern announced. More>>

Ban On Military Style Semi-Automatics And Assault Rifles
Military style semi-automatics and assault rifles will be banned in New Zealand under stronger new gun laws... Related parts used to convert these guns into MSSAs are also being banned, along with all high-capacity magazines. “An amnesty will be put in place for weapons to be handed in, and Cabinet has directed officials to develop a buyback scheme...All semi-automatic weapons used during the terrorist attack on Friday 15 March will be banned." More>>

For the Latest: Scoop Search - Christchurch

Gordon Campbell: On The School Climate Strike

Locally, the school strike has won a ton of support for bringing climate change to the fore. Yet the strikers don't want mere expressions of support. They want action. More>>


"Grabbed And Struck In The Face": Greens Co-Leader Attacked While Walking To Work

Green Party co-leader James Shaw was the victim of an unprovoked attack when he was walking to work in Wellington. More>>


████████ ████ ███: Latest OIA Statistics Released

The latest statistics cover 110 agencies that collectively completed 18,106 official information requests between July and December 2018, a 16.4% increase on the 15,551 requests for the previous six months. More>>


'Hit And Run' Inquiry: New Legal Action Over Secrecy

The lawyer representing the Afghan villagers in the inquiry into Operation Burnham has launched legal proceedings calling for a judicial review in the investigation. More>>


From Hydro Plan To...: Mokihinui River Land To Join Kahurangi National Park

A total of 64,400 hectares of conservation land in the Mokihinui River catchment on the West Coast north of Westport, including 15 km of riverbed, is being added to Kahurangi National Park. “Adding this area, roughly half the size of Auckland City, to Kahurangi is the largest addition of land to an existing national park in New Zealand’s history,” Eugenie Sage said. More>>





InfoPages News Channels