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

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New Zealand government under fire over minimum wage rise
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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...

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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
5

2 weeks ago

Income inequality is stealth issue

Nov 4 2014 8:17am CST | Source: CNN/Money

Candidates may not be talking about inequality directly, but their views on taxes, Obamacare and the minimum wage will af ...
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Update
4

4 weeks ago

Nigeria: Minimum Wage - Labour Vows to Resist Removal From Exclusive List

Oct 24 2014 6:02am CDT | Source: AllAfrica.com

[This Day]Abuja -Nigeria's labour movement has vowed to resist the decision of the Senate to remove the minimum wage from the Exclusive list to the Concurrent legislative list, saying such move would create more e ...
Source: AllAfrica.com   Full article at: AllAfrica.com
 

 
Update
3

8 weeks ago

Ukip Conference: Nigel Farage Promises to Scrap Income Tax for Minimum Wage Workers

Sep 26 2014 4:11am CDT | Source: IBTimes UK

The Ukip leader says the move would, in part, be paid for by slashing the UK's foreign aid bud ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
2

8 weeks ago

Farage call to scrap tax on minimum wage

Sep 26 2014 2:26am CDT | Source: FT

Ukip leader also proposes new 35p rate for incomes up to £55,000 ...
Source: FT   Full article at: FT
 

 

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<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.
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