Black Monday

[777]

Employers should be made to pay 8% kiwisaver rather than have the state subsidise all these retirement costs.

There's no payroll taxes in NZ either unlike elsewhere.

Obviously you have never run a business.

Do tell us all the countries that have a payroll tax.

[Panda-NZ-]

The unemployment rate is at 3% and if it goes up then it simply means less migrants will be necessary (which is great , less pollution and congestion etc etc).

[Panda-NZ-]

Nope. Anyone who is happy to work for minimum wage needs to consider that they either need to change jobs, they have found a job that they are happy to work with, or not moan they are on minimum wage and do nothing to change their ways, or need help moving to upskill themselves. At the end of the day moving up the bottom bracket works for governments not for the people. I had a business and if cost increased 7% I put prices up 10% just to make the same money.

How many IT jobs are in regional areas... minimum wage is the only job available outside the cities.

[alokdhir]

I am pro increasing minimum wage for the long term good of the society ...it actually targets poorest / humblest of our most hardworking workers who form the backbone of our society and its peace and well being . It doesn't promote inflation in any meaningful way but adds to economy as these hard workers need it for still hand to mouth existence ...all extra in their pockets comes straight to economy M3 thus helping overall growth too . I think keep increasing it puts pressure on labour oriented businesses to become more productive and move up the food chain thus making economy more productive which is the aim too ...businesses just surviving on using cheap labour shud give way to more value added businesses

[bull....]

yep i think minimum wage should go too $27

[SailorRob]

I am pro increasing minimum wage for the long term good of the society ...it actually targets poorest / humblest of our most hardworking workers who form the backbone of our society and its peace and well being . It doesn't promote inflation in any meaningful way but adds to economy as these hard workers need it for still hand to mouth existence ...all extra in their pockets comes straight to economy M3 thus helping overall growth too . I think keep increasing it puts pressure on labour oriented businesses to become more productive and move up the food chain thus making economy more productive which is the aim too ...businesses just surviving on using cheap labour shud give way to more value added businesses

Astounding logic here.

Increase it to $100.

[winner69]

Astounding logic here.

Increase it to $100.

Miserable sod …why not $200

[Panda-NZ-]

Astounding logic here.

Increase it to $100.

Well, we might end up the most efficient place in the world due to all the machines brought in.

NZ businesses becoming technically literate in one go.

[ynot]

Astounding logic here.

Increase it to $100.

No problem, as long as you don't mind paying $20. for a coffee.

[winner69]

Sharon at ANZ -

ANZ Truckometer: Both heavy and light traffic dipped in Jan and fell over Q4 too, suggesting downside risk to our GDP pick of +0.3%, all else equal. But there are more gaps in the data than usual so we’d caution against drawing strong conclusions.

https://watermarker.singletrack.io/A...Headers%3Dhost