Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Fair Share delivers record wage rises

November 8, 2005

Fair Share delivers record wage rises

News that wages are growing at the fastest rate since records began is evidence of what workers can achieve when they stick together, says the union behind the Fair Share – Five in ’05 campaign.

Statistics New Zealand figures out today show that the average pay increase in the year to September was 5.1 per cent, and that the Labour Cost Index rose 3.1 per cent in that time – the largest increase since the LCI began in 1992.

Engineering, Printing and Manufacturing Union national secretary Andrew Little said that the single factor driving wage growth this year and absent from previous years back to 1992 was a concerted campaign by unions to increase New Zealand wages.

“We started this campaign because New Zealanders’ wages are too low,” he said.

“These statistics are in accordance with our own information, and show that the campaign is working. This campaign will continue next year.”

Mr Little said that some 13,000 EPMU members had won pay rises of five per cent or more since the Fair Share – Five in ’05 campaign began on February 27.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Air New Zealand: Relaunching 14 International Routes In 16 Days

Air New Zealand is gearing up for the busiest July in two years with the relaunch of 14 international routes in 16 days... More>>



Inland Revenue: Update On Hidden Economy Real Estate Campaign

The Inland Revenue campaign focussing on the real estate sector has resulted in a drop in the amount of private expenses claims being made... More>>



Westpac: Consumer Confidence Plummets To Record Lows As Financial Pressures Mount

The Westpac McDermott Miller Consumer Confidence Index dropped sharply in the June quarter, falling 13 points to a level of 78.7... More>>


BusinessNZ: NZ Economy - Prevailing Headwinds
The latest BusinessNZ Planning Forecast reveals business and consumer confidence is low, with factors at home and abroad hampering our recovery... More>>


Specialist Cheesemakers Assn: Shared Cheese Heritage Should Be Shared Not Stripped

As the EU-New Zealand FTA advances New Zealand cheesemakers are urging both Governments to recognise and celebrate the shared cheesemaking heritage that exists between European countries and New Zealand... More>>

Download Weekly: $60 million for more rural connections
David Clark, the digital economy and communications minister, announced the government will spend $60 million to further improve rural connectivity over the next few years... More>>