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

 


National’s budget won’t grow wages


National’s budget won’t grow wages


“This Budget fails to look to the future. It does nothing to grow wages. National is fixated on getting to surplus which has meant ignoring the increasing needs of most New Zealanders who have experienced five years of wages staying the same. The Budget is a missed opportunity to use the benefits of a growth period for all New Zealanders”, says CTU Economist Bill Rosenberg.

“The increases to Paid Parental Leave are welcome, and a victory for the successful campaign which gained widespread support. In the end the Government had no option, but has done the least it could get away with, at the expense of children and families.” Rosenberg said.

“A growing economy is meaningless to the people who most need it if they don’t see a fair share of the growth. The Budget fails to address inequality and poverty boosted by the Global Financial Crisis and exacerbated by Government employment, tax and welfare policies. Its forecasts show wage earners getting a falling share of income, and less than their rising productivity justifies.” Rosenberg said.

“The government’s forecast of wage increases are not plausible with continuing tight public spending, unemployment forecast is still over 5% in 2016, and further attacks planned on workers’ rights. Treasury has a record of overestimating wage increases when they are rising as slowly as they have been over the last five years. Its Budget forecast for March this year, 2014, is a 3.0 percent increase – in fact it was 2.5 percent with 46% of kiwis getting no increase at all. The Government’s planned changes to the employment laws which weaken workers’ bargaining power will make it harder for workers to get the increases they deserve.” Rosenberg said.

“The Government’s policies for families ignore the causes which are low incomes and poverty. Its policies on wages and welfare just intensify the problem and while the extension of free doctors’ visits and prescriptions for under 13’s is welcome, the spending in areas such as health and housing are far from what is needed.” Rosenberg said.

“This is a time for forward-looking policy. It won’t be found in this government’s books.” Rosenberg said.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Parliament Today:

Werewolf: The Defence Pretence

Last year, the world began spending more money on weapons again, for the first time since 2011... New Zealand belongs to a region – Asia and Oceania – where military spending rose sharply in 2015, by 5.4 per cent. More>>

ALSO:

Gordon Campbell: On Not Crying Foul, Argentina

So a couple of guys found to be criminally liable of environmental pollution in Argentina lodge an application with the Overseas Investment Office… in order to buy some prime New Zealand rural land. Seems that their factory back home had carelessly and/or intentionally discharged toxic waste into the Lujan river. Bummer... More>>

ALSO:

Urban & Rural: $303m To Merge And Modernise New Zealand’s Fire Services

Internal Affairs Minister Peter Dunne today announced funding of $303 million over five years to combine urban and rural fire services into one organisation from mid-2017. More>>

ALSO:

High Trust Regime: What Did The PM Tell His Lawyer About Foreign Trusts?

The Government stopped the IRD from reviewing New Zealand foreign trusts shortly after the Prime Minister’s lawyer wrote to the Revenue Minister claiming John Key had promised him the regime would not be changed. More>>

ALSO:

Road Crime: Wicked Campers Vans Classified As Objectionable

The definition of publication includes any "thing that has printed or impressed upon it, or otherwise shown upon it, 1 or more (or a combination of 1 or more) images, representations, signs, statements, or words", The Classification Office has previously classified such 'things' as billboards, t-shirts, and even a drink can. This is the first time the Classification Office has classified a vehicle. More>>

ALSO:

'When New' Repairs: Landmark EQC Settlement

The Earthquake Commission has cut a deal with 98 Canterbury homeowners that affirms the government entity's responsibility to repair earthquake-damaged property to a 'when new' state, as well as covering repairs for undamaged parts of a property and clarifying its position on cash settlement calculations. More>>

ALSO:

Gordon Campbell: On Kiwirail’s Latest Stint In The Dogbox

The denigration of Kiwirail continues. The latest review (based on a 2014 assessment) of the options facing the company have enabled Kiwirail to be hung out to dry once again as a liability and burden on the taxpayer. More>>

ALSO:

Royal Society Report: Good Opportunities To Act Now On Climate Change

There are many actions New Zealand can and should take now to reduce the threat of climate change and transition to a low-carbon economy, a report released today by the Royal Society of New Zealand finds... More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news