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
23 Jan 2015 Environment
A series of photographs taken over 10 years has revealed the dramatic changes to one of New Zealand's most famous glaciers. The Massey... more
23 Jan 2015 Business News
By Suze Metherell Jan. 23 (BusinessDesk) - New Zealand shares rose in a global rally, paced by Genesis Energy, Meridian Energy and ... more
23 Jan 2015 Lifestyle
As summer holidays give way to normal daily work and school routines, the monthly Japanese film screenings return to Massey... more
23 Jan 2015 Lifestyle
Registrations are now open for a surf day at Sumner Beach, Christchurch onSunday 22 February for physically disabled people hosted... more
23 Jan 2015 Property
NZ expert sees factors behind Irish house crash happening here. Precisely the same factors that plunged Ireland into its housing... more
23 Jan 2015 Migration
Newcomer settlement support agency Auckland Regional Migrant Services (ARMS) is kick-starting the New Year with the return of its ... more
23 Jan 2015 NZ Tourism
Need some inspiration for the year ahead? Here are some brilliant things to do around the country. 1. Crankworx The world's... more
23 Jan 2015 Rugby
A COMBINATION of financial and positional considerations are understood to have been behind Sean Maitland’s decision to opt for... more
23 Jan 2015 Motor Sport
When it comes to fast single seater racing cars, you might think of Lewis Hamilton, Sebastian Vettel or Scott Dixon in the USA. You... more
23 Jan 2015 Column
So the US has been holding talks in London this week with its 21 coalition allies, on how best to co-ordinate the military response... more
22 Jan 2015 Column
Column - Gordon Campbell Gordon Campbell on the election in Greece, and EU turmoil The election in Greece on Sunday –... more
16 Jan 2015 People
Science and Innovation Minister Steven Joyce has welcomed the news that Kiwi scientist Dr Phil Rolston has been awarded the Chinese ... more
23 Jan 2015 Recruitment
By Fiona Rotherham Jan. 23 (BusinessDesk) - Mike Pohio, chief executive of Tainui Group Holdings, has resigned after eight years at... more
22 Jan 2015 Recruitment
By Suze Metherell Jan. 22 (BusinessDesk) - Activity in New Zealand's manufacturing sector rose last month to its highest level in a... more