360° Coverage : New Zealand government under fire over minimum wage rise

4 Updates
New Zealand government under fire over minimum wage rise
Photo Credit: NICOLAS MAETERLINCK, Getty Images

New Zealand government under fire over minimum wage rise

Feb 26 2013, 2:20am CST | by

Wellington, Feb 26 (IANS) The New Zealand government raised the country's minimum wage Tuesday by just 25 NZ cents per hour, a sum critics said was condemning low wage earners to poverty.

Wellington, Feb 26 — The New Zealand government raised the country's minimum wage Tuesday by just 25 NZ cents per hour, a sum critics said was condemning low wage earners to poverty. The minimum...

Filed under: news

YouTube Videos

 
 
 

1 year ago

New Zealand government under fire over minimum wage rise

Feb 26 2013, 2:20am CST | by

Wellington, Feb 26 (IANS) The New Zealand government raised the country's minimum wage Tuesday by just 25 NZ cents per hour, a sum critics said was condemning low wage earners to poverty.

Wellington, Feb 26 — The New Zealand government raised the country's minimum wage Tuesday by just 25 NZ cents per hour, a sum critics said was condemning low wage earners to poverty.

The minimum wage would rise from 13.50 NZ dollars ($11.26) to 13.75 NZ dollars from April 1, Labour Minister Simon Bridges said in a statement.

"Setting these wage rates represents a careful balance between protecting low paid workers and ensuring jobs are not lost as the economic recovery gains pace," said Bridges.

The move comes as a coalition of opposition political groups, unions, churches and other social organizations are campaigning for a "living wage" of 18.40 NZ dollars an hour, saying it is the minimum to stay out of poverty, reported Xinhua.

The main opposition Labour Party said the government was trying to give the country "a competitive advantage" by holding down wages with the 1.9-percent rise in the minimum wage.

The opposition Green Party claimed CEO pay packets rose by 10 percent last year, further widening the economic divide between the poorest and richest in society.

The New Zealand Council of Trade Unions (CTU) said a significant rise in the minimum wage would keep workers out of poverty and reverse rising income inequalities.

"The evidence from New Zealand and internationally is that it would not increase unemployment," CTU secretary Peter Conway said in a statement.

IANS

Source: IANS

 
Update
4

2 weeks ago

City defies mayor, raises minimum wage

Aug 18 2014 5:10pm CDT | Source: Fortune

Workers in San Diego will see a higher minimum wage starting in January and will receive five paid sick days a y ...
Source: Fortune   Full article at: Fortune
 

 
Update
3

5 weeks ago

Businesses flout law on paying interns

Jul 23 2014 12:15am CDT | Source: FT

It is illegal to not pay at least minimum wage to people doing ‘valuable tasks’ but many businesses still insist that interns work for free, survey finds ...
Source: FT   Full article at: FT
 

 
Update
2

6 weeks ago

Business Economists Are Sending A Very Clear Warning That Wage Growth Is Happening

Jul 21 2014 11:26am CDT | Source: Business Insider

There has been a recent spike in the percentage of industry economists who said that wages are "rising", according to a new survey from the National Association for Business Economics (NABE). In their 2014 Q2 report, NABE wrote that in the past three months, "43% of respondents' firms raised wages — more than double the share that reported this in July of 2013". Additionally, th ...
Source: Business Insider   Full article at: Business Insider
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Watching action movies makes your waistline grow
New York, Sep 2 (IANS) If your kids love to watch Hollywood action movies, better watch out for their junk food consumption.
 
 
Return as India's envoys, Modi to India-bound Japanese youth
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday kicked-off a new initiative on training for Japanese youth started by Tata Consultancy Services (TCS) at its various facilities in India, asking them to return to Japan as India's ambassadors.
 
 
Scientists get ready for mock on-site nuclear inspection
Washington, Sep 2 (IANS) Some 40 scientists and technicians from around the world will descend on Jordan in November to take part in a simulated on-site inspection of a suspected nuclear test site on the banks of the Dead Sea.
 
 
Russian space 'sex geckos' found dead
Moscow, Sep 2 (IANS) Four female lizards and one male who were sent to space to understand the effects of weightlessness on sexual intercourse have died, the Russian Space Agency said in a statement.
 
 
 

Latest from the Network

Fung targets home success at PGM Sabah Championship
Sabah (Malaysia), Sep 2 (IANS) Reigning Asian Development Tour (ADT) Order of Merit champion Nicholas Fung hopes to recover from a fever in time to contend for the Professional Golf of Malaysia (PGM) Sabah Championship...
Read more on Sport Balla
 
Watching action movies makes your waistline grow
New York, Sep 2 (IANS) If your kids love to watch Hollywood action movies, better watch out for their junk food consumption. According to a study, viewers who watch action-packed programmes indulge in over-eating. "We...
Read more on Celebrity Balla
 
Pitch Perfect cast feel 'under pressure' with sequel
Ben Platt says the cast of 'Pitch Perfect' are feeling the pressure ahead of the sequel. The actor, who has starred in the popular Broadway production 'The Book of Mormon', acknowledges that the eagerly-awaited sequel...
Read more on Movie Balla
 
Imagine Entertainment in talks for 24 movie
Imagine Entertainment want to make a '24' movie. According to TVLine, the production company's chairman, Brian Grazer, has expressed an interest in taking the hit Fox series to the big screen following the end of the...
Read more on Movie Balla
 
Stan Lee reveals Black Panther movie is in the works
Stan Lee has suggested plans to make a Black Panther movie are still in development. Lee, the former president and chairman of Marvel Comics, says that Marvel Studios will look to make a film based on the first black...
Read more on Movie Balla
 
Lindsay Lohan uses hypnotherapy to quit smoking
Lindsay Lohan is using hypnotherapy to quit smoking. The 'Mean Girls' actress has reportedly turned to alternative medicine to kick her nicotine addiction before her West End debut on September 24 for David Mamet's play...
Read more on Celebrity Balla
 
Angelina Jolie and Brad Pitt's kids write wedding vows
Angelina Jolie and Brad Pitt's children helped to write their wedding vows. The Hollywood couple tied the knot in France on August 23 and they enlisted the help of their kids Maddox, 13, Pax, 10, Zahara, nine, Shiloh,...
Read more on Celebrity Balla
 
Carrie Underwood announces pregnancy
Los Angeles, Sep 2 (IANS) Country star Carrie Underwood and NHL player Mike Fisher have announced that they are expecting their first child. Underwood and Fisher posted the news on their social media accounts Monday,...
Read more on Celebrity Balla
 
Look at India, Modi tells Japan
Tokyo, Sep 2 (IANS) Prime Minister Narendra Modi Tuesday hoped Japan will follow "Look at India" policy. "Just as India is focusing on Look East policy, we expect Look at India policy from Japan," Modi said, adding...
Read more on Politics Balla