“I’d love to see wages drop”. Remember when John Key said that? Well now our glorious PM is getting all excited about how we can attract investment with our low wages and lack of employment protections.
To quote the Herald:
John Key says Hollywood finds New Zealand more attractive than other countries because it does not have a strong union movement.
The comment was made by the Prime Minister in a briefing to the Cabinet after his high-profile trip to Hollywood in October.
He told Cabinet colleagues that feedback from the visit – which included a private dinner with some of the most powerful movie-makers in the world – showed New Zealand appealed because it had “a flexible labour market and an educated workforce which is not heavily unionised”.
This, and a lack of “fringe payments”, were advantages for New Zealand in the international tussle for Hollywood’s business. Fringe payments typically include superannuation and healthcare.
That’s right people. We’re all going to get rich by being cheap labour. A brighter future indeed.