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
29 Jul 2014 Politics
Internet Party Harré: It’s Game on in Helensville Internet Party Leader Laila Harré will stand in John... more
28 Jul 2014 Business News
Customs Minister Nicky Wagner today welcomed the Joint Border Management System reaching another milestone. More than 50 per cent ... more
25 Jul 2014 Business News
Article - BusinessDesk Auckland Airport cuts fine deal in US$250M bond issue By Paul McBeth Jul. 25 (BusinessDesk) - Auckland... more
28 Jul 2014 Lifestyle
The new-look Mana magazine includes a story on Hollywood star and Rotorua local, Cliff Curtis. The famously versatile actor talks... more
23 Jul 2014 Entertainment
New Zealand Film Commission New Zealand Film 'The Dead Lands' to Have Toronto World Premiere Maori action epic The Dead Lands will... more
14 Jul 2014 Property
July 14 (BusinessDesk) - New Zealand house sales fell in June from a year earlier, led by properties of $400,000 or less, indicating... more
11 Jul 2014 Migration
If you’re in the UK on a Tier 1 (General) visa, you’ll need to apply for an extension as soon as possible. The deadline... more
29 Jul 2014 Travel & Tourism
27 Jul 2014 West Ham United may have endured a torrid time on the pitch during their time in New Zealand for the Football United... more
29 Jul 2014 Commonwealth Games
TUESDAY 29 JULY 2014 New Zealand had another memorable day at the Commonwealth Games, with gold medals to weightlifter Richie... more
24 Jul 2014 Opinion
One of the selling points in New Zealand’s campaign for a temporary seat on the Security Council is that we have a pluckily... more
23 Jul 2014 Appointments
New Zealand Government Appointments to Public Trust Board Justice Minister Judith Collins today announced the appointment of ... more
23 Jul 2014 Appointments
Commerce Minister Craig Foss today announced four reappointments to various independent Crown entities and statutory... more
14 Jul 2014 Recruitment
New Zealand Government Hon Steven Joyce Minister for Tertiary Education, Skills and Employment Hon Hekia Parata Minister of... more