Lets have some more $610k pa per employee marae clean up jobs, as per TV3 news tonight.
Beats share investing for a living eh?
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Lets have some more $610k pa per employee marae clean up jobs, as per TV3 news tonight.
Beats share investing for a living eh?
“8 days before the election, the Govt bribed voters with $100m and the promise of 3100 jobs to repair marae. Figures obtained by @actparty show that just 158 full-time jobs (5%) have been created. Extraordinary.”
Another massive fail like Kiwibuild with Cindy.
Disgusting woman.
I see Balance likes to refer Jacinda Ardern as "disgusting". Fair comment. But I don't think she's really been that bad for NZ. She did the gov't workers pay freeze last year during the COVID lockdowns, i'm sure her cabinet ministers are well use to what she's like and aren't surprised that their pay is frozen. Personally I don't support the view that gov't workers should be paid more than the private sector worker for the same position. What we need to embrace is more private sector investment as they are the support of tax revenue to pay for the gov't workers. What if 1 out of every 2 workers has a job in gov't/teacher/medical/etc. where their pay comes from the gov't - where would this lead to? Higher taxes? Print more $? Exodus of the private sector?
I remember a time as told by my elders in NZ that after the stock market crash in 85, the NZ gov't did a massive clean out and the whole country was able to manage with few cabinet ministers. How did they go from that to being overly top heavy?
I think a pay freeze on gov't workers on all levels is a pretty bold move and $60K/year pay is not exactly small pay for many parts of NZ. However if you want to adopt to Auckland lifestyle, then expect to be co-living with a partner or married so the mortgage can be paid.
I've queried in the past, who do we blame for out of control house prices and is it just purely bad gov't policy?
Immediately after freezing Public sector wages Cindy's lot trot out new rules for everyone else.
https://www.stuff.co.nz/national/pol...mployment-laws
You couldn't make this stuff up! Have they no self awareness at all?
The pendulum of power is starting to swing again away from the owners of capital to workers? If nothing else, with the current tax policies, it may increase tax revenues as untaxed capital gains are replaced by taxed salaries and wages. Possibly also it may mean increased GST takings as the lower paid workers increase bargaining power to get more wage increases which will be used to buy goods and services.
Don't forget, this would apply to all levels - consider the profitability of your NZ share holdings if those companies are paying higher labour costs? This has been the issue over in America with Amazon. Pay the workers a little more than minimum wage while wiping out the small business mom & pop retailers.
Interesting times..
Sadly, if the law does proceed as currently proposed then it will be a clear step BACK towards the era of the 70's for NZ. A period of great acrimony and with the Unions often holding the country to ransom.
Let's call a spade a spade. The proposed FPA framework is compulsory unionism by stealth. But maybe it's not so stealth like though? It's pretty obvious actually....Labour looking after their mates (masters?) by screwing the scrum and giving them (the Unions) the power to have greater CONTROL over businesses and key decision making. All despite the unionised workforce in NZ being clearly in the minority.
Not only should NZers cherish & protect their freedom of association rights, but also their right to NOT be associated. Having a mechanism where only 10% of employees can pretty much force the other 90% to be dragged along and be associated is an assault on those and other basic freedoms.
As we know NZ is a country of SME's, the overwhelming majority of businesses in NZ have less than 19 employees. In effect this is like a business with 19 employees having just 2 people forcing the other 17 employees AND the business owners into a position that inevitably produces destructive outcomes for the Business AND the employees.
Another unintended consequence (or maybe it's not so unintended?) is that in any industry "negotiations", in reality the BIG boys will agree to set the parameters, and the smaller entrepreneurial folk, SME's etc will just have to tow the line and hang on for the ride.
Yes Bjauck, my opinion is that you are right on one thing. In the medium term the State will gain an enlarged tax-take. And yes, that includes GST, as prices will inflate further. As we also know, there is no free lunch and redistribution of wealth is not exempt to this principle, so the commercial & economic costs have to be recovered and paid for in some way.
The irony of all this, is eventually the typical employee actually ends up being WORSE off as inflation rises wider across & deeper in the economy, effectively diminishing the true power of those extra dollars and/or conditions they had force bargined for them. Oh that's right, I know, Robertson & his cronies would then put in place price freezes/caps...just like Muldoon huh!
I dread the return of compulsory unionism such as we had in the 60s and 70s. Vicious unions holding the country to ransom with those unforgettable thugs, all with a common accent from a certain part of the planet. It was awful and NZ at the time was horrible. There are still some of those thugs hovering around the Labour party, longing to get back in their powerful positions of old. That is why I've never been able to trust the Labour party.
There has already been excessive inflation as a result of previous government policy settings - not of the CPI but of asset prices. Consequently many workers have been priced out of home ownership.
I am not sure why there is objection to compulsory unionism after there is already compulsory unionism for some occupations - those that call themselves “professions”. Indeed obligatory membership of a union may well lead to more moderate unions and more straightforward dealing for both employer and employee. in some occupations there may be a choice as to which union the employee could join.
Very simply Bjauck, respecting a basic human right.
FREEDOM.
Freedom to be, do, & have what you wish as long as you don't impinge on the "rights" of others. Specifically in this case, freedom of association, or as it may be freedom of NOT being associated.
So in this context, maintaining the freedom of the individual to negotiate (or not as it may be) what & how with their employer when they wish. NOT by what some State imposed artificial "authority" decides & therefore decrees.
If you are trying to compare union membership to membership of a professional body, then you don't know anything about at least one of them; possibly both. If you think compulsion may lead to moderate behaviour and attitudes, then you weren't working in NZ in the 60s and 70s. You must be younger than 60, or an arrival from offshore. People working in those yeers will still recall the TV news of 60s/70s NZ and the screaming thugs, gloating about the latest long term shut down of some industry. It still makes me sick thinking about it. Examples like the steel workers holding up Welington's BNZ building for 7 years over some bit of nonsense. There were heaps of similar stories. It was dreadful stuff. Most union leaders were recent immigrants, who seemed to take great pride describing the industry they had just disrupted. Never again - I hope.
No it doesn't. You clearly have little understanding of this country's history under compulsory unionism.
Most school holidays the Cooks and Stewards Union would shut down the Cook Strait Ferries.
The Boilermakers Union and the Riggers would hold up sundry large projects. The Freezing works lost dozens of days every year at peak times for union instigated strikes.....and then when it was quiet, management would instigate a strike to lay them off without pay.
The Watersiders held the country's ports to ransom at any whim. Jim Knox and Bill Anderson were two of the most powerful men in the country.
And Cindy looks to bring it all back....after slapping a wage freeze on the Public Sector. I knew Ardern was an arrogant , patronising, virtue signaling disaster, but I didn't pick her for being this stupid.
All aboard Comrades. But seriously, Comrades....we can do this.
https://www.youtube.com/watch?v=g9rsxFaq6Ig
2009....not so long ago.
On the bright side (although not for the employees), this policy is likely to improve productivity rates as automation projects are fast tracked.
I am sure that the NZBC, the state broadcaster, in those days was full of impartial news editors;)
What were the pay and conditions like that the unions were fighting against? Weren't the union leaders trailblazing heroes in the struggle for worker's rights in the face of poor conditions and the monolith of the Right Wing Farmer's Party (aka The National Party?)
Who elected the recent "immigrants" as leaders? Presumably Kiwi born workers? I understand that there was anti-British sentiment as a result of the UK joining the EEC. My Irish born family members recall being abused frequently for having a "British" accent. Family friends remember dawn raids to find overstayers. Bigotry was more acceptable then?
What a load of rubbish .NZ was a far happier country in those days . Housing was relatively cheap, there were no homeless on the streets, children were better looked after and then came Prebble, Richardson and there ilk.
Money became the new god, resulting in the unhappy society that is present day NZ.
westerly
You forgot to write :
About Fortress NZ where everything (especially cars, electronics and clothings) was at least twice as expensive as other countries (especially Australia) and quality was crap.
About the double digit inflation & mortgage rates which priced property out of the reach of the average NZers.
About the ghettos which sprung up all over NZ, but especially Auckland, to house the homeless and needy.
About the overstaffing in almost all government & local government departments & enterprises.
And about the marginalization of Maoris & Pacific Islanders.
And you forgot to mention how shops were closed for the weekends with one late night.
Then there was the lousy food, wine and could not care less hospitality service.
Above all, you forgot to mention NZ was going broke at a very rapid rate.
Then there's the institutionalised sexual, physical & mental abuse of children in state & faith-based care during the 50s to 80s.
Shall we continue with the 'happy place' which was NZ back in those days?