Govt: $18.40 minimum wage would cost 26,000 jobs 27 Feb 2013
- Strong economic recovery in New Zealand reignites need for skilled workers from UK Recruitment
- Melissa Taylor Registered nurse from San Diego enjoys her job by the beach Migration
- The Turning of the Tide Recruitment
- Avoid the tug-of-war: hot issues for 2008 Recruitment
- The year of the executive contractor? Recruitment
- Solid growth in UK recruitment Recruitment
- Call to change system to solve IT shortage Migration
- Short on skills, long on lifestyle Recruitment
The Government says a minimum wage of $18.40 would cost 26,000 jobs.
During question time Prime Minister John Key was asked about the new minimum wage of $13.75 and calls for a living wage of $18.40 in Parliament today.
He had to leave Parliament without answering, but tasked labour affairs minister Simon Bridges with responding on his behalf.
Mr Bridges would not say if the new minimum wage of $13.75 was enough for families to live on.
He said there was a range of packages available for people on low wages and New Zealand's minimum wage was one of the highest in the developed world.
Labour's spokeswoman on labour issues Darien Fenton asked why, if $13.75 was sufficient, two out of five children living in poverty came from families in work.
Mr Bridges said having a job was better than not having one.
"We are very conscious, unlike the other party, which does not seem to understand economic fundamentals, that the higher we raise the minimum wage, the more people are put out of jobs - 7000 under your policy," Mr Bridges replied.
Mr Bridges yesterday announced a 25 cents increase to the minimum wage. Labour has called for $15 an hour and the Maori Party $16.
Mr Key had previously rejected a movement to introduce a voluntary living wage of $18.40 an hour. On his behalf, Mr Bridges said that would cost 26,000 jobs.
He said such an increase was simplistic for two reasons - "because the Family Centre's living wage of $18.40 an hour is calculated on the basis of a two-adult, two-child family, whereas a lot of low-income earners are in different circumstance.
"The second reason is that it assumes that paying much higher wages is costless, when it is not - it costs jobs."
Maori Party MP Te Ururoa Flavell said income inequality had widened in 30 years and increasing the minimum wage would be a significant step in reversing that trend.
Source NZ Herald
31 Dec 2016 News
31 December 2016Some of New Zealand’s most inspiring women have been recognised in the 2017 New Year’s Honours list... more
26 Dec 2016 Business News
The New Zealand economy continued to grow solidly in the September quarter, posting a higher than expected 1.1 per cent growth rate... more
23 Dec 2016 Business News
23 December 2016 Trade Minister Todd McClay today welcomed the World Trade Organization's (WTO) decision upholding New Zealand's... more
21 Nov 2016 Lifestyle
Emirates Team New Zealand EMIRATES TEAM NEW ZEALAND CLOSES IN 3rd POSITION THE LOUIS VUITTON AMERICA’S CUP WORLD SERIES
14 Nov 2016 Property
Article - BusinessDesk Monday 14 November 2016 10:28 AM NZ house prices gain 11% in October, driven by sales of higher value homes By... more
11 Nov 2016 Property
Article - BusinessDesk Thursday 10 November 2016 04:04 PM RBNZ sees pressures building in Auckland construction sector By Paul ... more
8 Dec 2016 Migration
Economic Development Minister Steven Joyce has welcomed news that New Zealand is attracting a higher level of quality international... more
1 Nov 2016 Migration
New Zealand Government Hon Paul GoldsmithMinister of Commerce and Consumer Affairs 1 November 2016 Changes to Financial Markets... more
8 Dec 2016 Travel & Tourism
Hon. Simon Bridges 8 December, 2016 Prime Minister John Key and Transport Minister Simon Bridges have turned the sod on th... more
2 Dec 2016 Travel & Tourism
Air New Zealand has paired up with singer Ronan Keating and rising Kiwi actor Julian Dennison to rejig a Christmas classic. 'Summer... more
31 Dec 2016 Cricket
29 Dec, 2016 In ShortA composed maiden ODI century from the recalled Neil Broom and an unrelenting bowling performance on a tough... more
26 Dec 2016 Rugby
World Rugby and the Japan Rugby 2019 organising committee have been looking ahead to an important year of preparation as Rugby World... more
11 Nov 2016 Opinion
Column - Gordon Campbell Gordon Campbell on the Gareth Morgan crusade First published on Werewolf more
10 Nov 2016 Opinion
Column - Gordon Campbell Gordon Campbell on the US election outcome more
8 Dec 2016 Appointments
Hon. Murray McCully 7 December, 2016 High Commissioner to India announced Foreign Minister Murray McCully today... more
8 Dec 2016 Recruitment
Hon. Paula Bennett, Hon. Michael Woodhouse, Hon. Louise Upston 24 November, 2016 The Government will update the Equa... more
2 Nov 2016 Recruitment
Article - BusinessDesk Tuesday 01 November 2016 04:42 PM Fisher Funds hunts for new head to replace founder Carmel Fisher By Paul ... more