This is good that minimum wage is rising, but will people be better off, as prices will probably increase to cover the cost to businesses. I think they should have reduced the tax rate on income under $48k instead.
Given most business models now what percentage of costs to wages make up?…id suggest that the inflationary impact of a min wage increase will be far less than you think…especially when you consider the industries that currently pay min wage as of course.
And then you must also remember that (controlled) inflation is the goal….youve has your decades of tax cuts to fuel consumption and they have run out of effect.
A higher minimum wage also reduces the amount of redistribution needed through winz. So less is paid out from the state and more is paid by the employer in recognition of the output from the workers.
nope, that is not gonna change, no more then it changed after the first of april this year.
Pretty much most rentals gone up by about 25 – 45 NZD after the rent freeze. So there is your 'min wage increase'. But food gone up, transport costs gone up, electricity, water, line costs, phone etc all up up and away.
So the poor schmuck working in a supermarket or call centre will get a dollar more per hour from 1 april on, and prices will increase by just a little bit more to cover the costs on everything else on April 1st too. A perfect Aprl Joke.
Labour, were misery is coated in malignant benevolence.
Disclaimer, i have proudly voted twice NOT for the quota woman of the Labour party.
The $40 is pre tax. With most beneficiaries on say 15% tax, the increase is not an extra $40 in ones pocket.
Inflation of 2.15% does not fall evenly across all consumption. House price increases, and thus rent increases particularly in the big cities, are significantly above the rate of inflation. Rent forms yhe single biggest chunk of the expenses of most lower income households.
Rent costs are the price we pay for decades of spineless, greedy, and stupid governments that let speculators have free rein. And they still haven't learned 🙁 .
This has been coming for a long time – it hasn't been single terms of government error, but decades of sustained error. They know it perfectly well, but still think they get to claim to be a good government without taking the trouble to actually govern .
The $40 is pre tax. With most beneficiaries on say 15% tax, the increase is not an extra $40 in ones pocket.
Inflation of 2.15% does not fall evenly across all consumption. House price increases, and thus rent increases particularly in the big cities, are significantly above the rate of inflation. Rent forms the single biggest chunk of the expenses of most lower income households.
Agree. Let's hope 2021 sees some kind of reform by the government re housing.
Just never understand why such great things in housing were achieved during the depression yet now the best this government offered was Kiwibuild, and the previous government not even that!
Maybe buy your coffee from a local cafe – one with owner/operators who are interested in food and drink and care about their customers? Not some global giant who wants to opportunistically trap you into buying crap mass-produced food and bad coffee because you happen to be on-premises buying petrol. You might find the local cafe is less cynical about gouging you for every cent on whatever lame excuse they can drum up. (Remember the rule of thumb – if we don't dispossess the rich, they will dispossess us)
A tax cut for those on high incomes (who also pay tax on their first $48,000) afforded by the government borrowing more money? Really? We have the lowest tax requirement for those of wealth and high incomes anywhere (low top rate, no CGT, no wealth/assets/estate taxation) as it is.
The inflationary impact of the MW increase is negligible – you know what happended in 2018 and 2019 and 2020 when it was increased – stuff all rise in inflation.
And given the housing shortage – and rising rents, the low paid workers need the money.
Minimum wage was $15.75 an hour back in 2017 when Labour came in. It is now $18.90 so people get an extra $126 before tax on a 40 hour week. I wonder if they feel better off now?
If National was in government it would have gone up 50 cents a time 15.75 to 17.25 by 1 April 2020. Apparently they would make no increase at all this time. So under them it would have remained at that level $17.25 from 1 April 2021.
So are low wage workers better off than they would have been otherwise?
I thought they had actually but I'm no expert on Nats policies. Don't forget that as gross wage not increasing, their working for families will not decrease either.
Comparing the June 2020 quarter with the June 2019 quarter, the median weekly income:
from all sources decreased $54 (7.6 percent) to $652
from wages and salaries increased $44 (4.3 percent) to $1,060
from government transfers increased $23 (6.7 percent) to $364
for self-employed people decreased $96 (12.5 percent) to $671.
The median hourly income from wages and salaries increased $1.47 (5.8 percent) to $27.00
The gender pay gap was 9.5 percent.
All income data refers to gross (before tax) income for individuals and is statistically significant unless otherwise specified.
Incomes from all sources fall for the first time
Median weekly income from all sources, for all people, decreased $54 (7.6 percent) to $652 in the June 2020 quarter. This is the first decrease in this measure since the series began in 1998.
You do know the difference between the MW and the median wage right?
And the older workers on the median wage are likely to be homeowners much wealthier than they were a few years ago (sort of at least, they can only leverage that rise in wealth by moving to an area with lower property values) – and those still paying off their mortgages have lower payments now with lower mortgage rates.
There is a reason why Labour was so re-elected. And why they are so accepting of rising property values.
What, you don't like the government stats on how salaries / wages are the only thing that has gotten up while self employed people are down, and income from all sources decreased, while only wages/salaries and government hand outs have gone up?
"The price of labor—namely wages—is rising at a robust pace, especially in the European Union’s newer member states. Yet, surprisingly, inflation has barely risen."
Biden's selection of Jennifer Granholm as Secretary of Energy is a good choice. A hard worker, a great communicator, and a champion of renewable energy.
The BAU everyone is adamant is about to occur – will not. Sure, change is not going to be fast enough for most round these parts, but this lady is no dinosaur nor a rich crony.
Hard working experienced people. I reckon Joe's doing alright building a team considering everyone's expectations are so low.
More significantly, the appointment of Granholm may signal an intention to re-orient the Department of Energy to actually be mostly about energy, rather than being a deceptive name for the keeper of the nuclear weapons stockpile.
Most of the Energy Department's budget is devoted to maintaining the country's nuclear weapons arsenal, but it also operates the 17 national labs that have helped develop advanced technology used in renewables, nuclear energy and fossil fuel production. Under former President Barack Obama, the Energy Department oversaw tens of billions of dollars in loan guarantees and grants that expanded the adoption of solar and wind power, helping drive a steep drop in the prices of renewable electricity. Those achievements were tarnished at the time by the scandal over Solyndra, a solar technology company that collapsed after taking more than $500 million in federal funds.
DOE also will play a key role in reducing emissions from the nation’s building, another target of Biden’s climate plan. DOE has responsibility over setting appliance standards, conducting research on innovations like electric heat pumps and overseeing building and residential energy efficiency programs.
Granholm has sought to position herself as a figure who can help U.S. industry transition to a clean energy economy, a process that Biden has made one his top four goals.
All the increments add up. With enough improvements in enough areas incrementalism might indeed become transformation.
We have the talent, the tech, the science, and the resources. Should we proceed with technology in an ecologically sound manner, simultaneously addressing how we manage land and land use changes – there is hope.
"The BAU everyone is adamant is about to occur – will not."
We shall see – and it depends on how closely you look. Just swapping out fossil fuels for 'clean' energy, but otherwise doing just the same things on top of that energy infrastructure, seems like the very definition of BAU. And it seems likely that whoever owns that new clean energy infrastructure will have massive opportunities for profit and wealth accumulation beyond their wildest dreams, while the rest of us continue our descent into peasantry – BAU on steroids potentially.
Where not fletchers doing the same, as well as protecting significant part of land and ensuring some housing going to the Hapu. What has exactly being achieved here barring handing over 30m in taxpayers money for nothing. Bets on Fletchers will get the construction contract, increasing the absurdity As per the honourable Paula Bennett” Next time sweetie zip it”
It was Paula Bennett who was on her high horse about victims of someone working in parliament (and no not one of her caucus members that time) which led to a report and Mallards comments – neither behaved honourably or professionally.
If Fletchers, the iwi, the protestors and the Maori King are all happy with this – then its prime purpose has been realised. Given the current cost of land in Auckland and the liklihood of more social housing to result, its a win for the government as well.
it not a precedent as Grant told us so, let see if that works at next land occupation It seems no value has been created here, in contrast it has simply encouraged more issues down the road
Yes, it is politics. There is the herding of cats aspect to it. And that might mean a delay to social housing – an iwi has/had an interest in there being some housing so there is that to work with.
More issues down the road … there is no land going to iwi as part of any settlement, so in that sense no motivation to that end down stream.
It’s in the area of land of significance, not being privately used, or held by iwi, that this relates to.
The same right wing warriors on twitter and face book and kiwiblog that got the election result they deserved. Long may they remain irrelevant.
Then there are the many who like the rise in value of their property on the back of the COVID free status and who just want a holiday – they will barely notice this. And it will have gone away by next year – as talks will go beyond 2023.
Tend to agree unless we get copy cat actions which is likely no matter what Grant says / hopes The problem I see here is that government has decided to get involved in solving disputes within Hapu’s themselves ( a recipe for disaster, think up north) who own or what happens to plot of land in Mangere I am not really that exercised either way
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With Minister Karen Chhour indicating in the House today that she either doesn’t know or care about the frontline cuts she’s making to Oranga Tamariki, we risk seeing more and more of our children falling through the cracks. ...
The Labour Party is saddened to learn of the death of Sir Robert Martin, a globally renowned disability advocate who led the way for disability rights both in New Zealand and internationally. ...
Labour is calling for the Government to urgently rethink its coalition commitment to restart live animal exports, Labour animal welfare spokesperson Rachel Boyack said. ...
Today’s Financial Stability Report has once again highlighted that poverty and deep inequality are political choices - and this Government is choosing to make them worse. ...
The Green Party is calling on the Government to do more for our households in most need as unemployment rises and the cost of living crisis endures. ...
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The New Zealand Labour Party welcomes the entering into force of the European Union and New Zealand free trade agreement. This agreement opens the door for a huge increase in trade opportunities with a market of 450 million people who are high value discerning consumers of New Zealand goods and ...
The National-led Government continues its fiscal jiggery pokery with its Pharmac announcement today, Labour Health spokesperson Ayesha Verrall says. “The government has increased Pharmac funding but conceded it will only make minimal increases in access to medicine”, said Ayesha Verrall “This is far from the bold promises made to fund ...
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Associate Education Minister David Seymour is calling on the Post Primary Teachers’ Association (PPTA) to put ideology to the side and focus on students’ learning, in reaction to the union holding paid teacher meetings across New Zealand about charter schools. “The PPTA is disrupting schools up and down the ...
Commerce and Consumer Affairs Minister Andrew Bayly today announced the appointment of Craig Stobo as the new chair of the Financial Markets Authority (FMA). Mr Stobo takes over from Mark Todd, whose term expired at the end of April. Mr Stobo’s appointment is for a five-year term. “The FMA plays ...
Surf Life Saving New Zealand and Coastguard New Zealand will continue to be able to keep people safe in, on, and around the water following a funding boost of $63.644 million over four years, Transport Minister Simeon Brown and Associate Transport Minister Matt Doocey say. “Heading to the beach for ...
New Zealand and Tuvalu have reaffirmed their close relationship, Foreign Affairs Minister Winston Peters says. “New Zealand is committed to working with Tuvalu on a shared vision of resilience, prosperity and security, in close concert with Australia,” says Mr Peters, who last visited Tuvalu in 2019. “It is my pleasure ...
New Zealand is gravely concerned about the situation in New Caledonia, Foreign Minister Winston Peters says. “The escalating situation and violent protests in Nouméa are of serious concern across the Pacific Islands region,” Mr Peters says. “The immediate priority must be for all sides to take steps to de-escalate the ...
Prime Minister Christopher Luxon met today with Samoa’s O le Ao o le Malo, Afioga Tuimalealiifano Vaaletoa Sualauvi II, who is making a State Visit to New Zealand. “His Highness and I reflected on our two countries’ extensive community links, with Samoan–New Zealanders contributing to all areas of our national ...
Transport Minister Simeon Brown has announced that he has approved Waiheke Island ferry operator Island Direct to be eligible for SuperGold Card funding, paving the way for a commercial agreement to bring the operator into the scheme. “Island Direct started operating in November 2023, offering an additional option for people ...
Foreign Minister Winston Peters today announced further sanctions on 28 individuals and 14 entities providing military and strategic support for Russia’s invasion of Ukraine. “Russia is directly supported by its military-industrial complex in its illegal aggression against Ukraine, attacking its sovereignty and territorial integrity. New Zealand condemns all entities and ...
A year on from the tragedy at Loafers Lodge, the Government is working hard to improve building fire safety, Building and Construction Minister Chris Penk says. “I want to share my sincere condolences with the families and friends of the victims on the anniversary of the tragic fire at Loafers ...
Ka nui te mihi kia koutou. Kia ora and good afternoon, everyone. Thank you so much for having me here in the lead up to my Government’s first Budget. Before I get started can I acknowledge: Simon Bridges – Auckland Business Chamber CEO. Steve Jurkovich – Kiwibank CEO. Kids born ...
New Zealand and Vanuatu will enhance collaboration on issues of mutual interest, Foreign Minister Winston Peters says. “It is important to return to Port Vila this week with a broad, high-level political delegation which demonstrates our deep commitment to New Zealand’s relationship with Vanuatu,” Mr Peters says. “This ...
Minister for Land Information, Chris Penk will travel to Peru this week to represent New Zealand at a meeting of trade ministers from the Asia-Pacific region on behalf of Trade Minister Todd McClay. The annual Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade meeting will be held on 17-18 May ...
Minister of Education Erica Stanford will head to the United Kingdom this week to participate in the 22nd Conference of Commonwealth Education Ministers (CCEM) and the 2024 Education World Forum (EWF). “I am looking forward to sharing this Government’s education priorities, such as introducing a knowledge-rich curriculum, implementing an evidence-based ...
Minister of Education Erica Stanford has today thanked outgoing New Zealand Qualifications Authority Chair, Hon Tracey Martin. “Tracey Martin tendered her resignation late last month in order to take up a new role,” Ms Stanford says. Ms Martin will relinquish the role of Chair on 10 May and current Deputy ...
New Zealand Prime Minister Christopher Luxon and President Emmanuel Macron of France today announced a new non-governmental organisation, the Christchurch Call Foundation, to coordinate the Christchurch Call’s work to eliminate terrorist and violent extremist content online. This change gives effect to the outcomes of the November 2023 Call Leaders’ Summit, ...
Distinguished public servant and former diplomat Sir Maarten Wevers will lead the independent review into the disability support services administered by the Ministry of Disabled People – Whaikaha. The review was announced by Disability Issues Minister Louise Upston a fortnight ago to examine what could be done to strengthen the ...
Today’s announcement by Police Commissioner Andrew Coster of a National Gang Unit and district Gang Disruption Units will help deliver on the coalition Government’s pledge to restore law and order and crack down on criminal gangs, Police Minister Mark Mitchell says. “The National Gang Unit and Gang Disruption Units will ...
Foreign Minister Winston Peters has today expressed regret at North Korea’s aggressive rhetoric towards New Zealand and its international partners. “New Zealand proudly stands with the international community in upholding the rules-based order through its monitoring and surveillance deployments, which it has been regularly doing alongside partners since 2018,” Mr ...
Air Vice-Marshal Tony Davies MNZM is the new Chief of Defence Force, Defence Minister Judith Collins announced today. The Chief of Defence Force commands the Navy, Army and Air Force and is the principal military advisor to the Defence Minister and other Ministers with relevant portfolio responsibilities in the defence ...
Legislation to repeal section 7AA of the Oranga Tamariki Act has been introduced to Parliament. The Bill’s introduction reaffirms the Coalition Government’s commitment to the safety of children in care, says Minister for Children, Karen Chhour. “While section 7AA was introduced with good intentions, it creates a conflict for Oranga ...
Defence Minister Judith Collins will this week travel to the UK and Italy to meet with her defence counterparts, and to attend Battles of Cassino commemorations. “I am humbled to be able to represent the New Zealand Government in Italy at the commemorations for the 80th anniversary of what was ...
The upcoming Budget will include funding for up to 50 charter schools to help lift declining educational performance, Associate Education Minister David Seymour announced today. $153 million in new funding will be provided over four years to establish and operate up to 15 new charter schools and convert 35 state ...
“The results of the public consultation on the terms of reference for the Royal Commission into COVID-19 Lessons has now been received, with results indicating over 13,000 submissions were made from members of the public,” Internal Affairs Minister Brooke van Velden says. “We heard feedback about the extended lockdowns in ...
Foreign Minister, Defence Minister, other Members of Parliament Acting Chief of Defence Force, Secretary of Defence Distinguished Guests Defence and Diplomatic Colleagues Ladies and Gentlemen, Good afternoon, tēna koutou, apinun tru It’s a pleasure to be back in Port Moresby today, and to speak here at the Kumul Leadership ...
Health, infrastructure, renewable energy, and stability are among the themes of the current visit to Papua New Guinea by a New Zealand political delegation, Foreign Minister Winston Peters says. “Papua New Guinea carries serious weight in the Pacific, and New Zealand deeply values our relationship with it,” Mr Peters ...
The coalition Government is launching Roads of Regional Significance to sit alongside Roads of National Significance as part of its plan to deliver priority roading projects across the country, Transport Minister Simeon Brown says. “The Roads of National Significance (RoNS) built by the previous National Government are some of New Zealand’s ...
A high-level New Zealand political delegation in Honiara today congratulated the new Government of Solomon Islands, led by Jeremiah Manele, on taking office. “We are privileged to meet the new Prime Minister and members of his Cabinet during his government’s first ten days in office,” Deputy Prime Minister and ...
New Zealand voted in favour of a resolution broadening Palestine’s participation at the United Nations General Assembly overnight, Foreign Minister Winston Peters says. “The resolution enhances the rights of Palestine to participate in the work of the UN General Assembly while stopping short of admitting Palestine as a full ...
Introduction Good morning. It’s a great privilege to be here at the 2024 Infrastructure Symposium. I was extremely happy when the Prime Minister asked me to be his Minister for Infrastructure. It is one of the great barriers holding the New Zealand economy back from achieving its potential. Building high ...
Defence Minister Judith Collins today announced the upcoming Budget will include new funding of $571 million for Defence Force pay and projects. “Our servicemen and women do New Zealand proud throughout the world and this funding will help ensure we retain their services and expertise as we navigate an increasingly ...
New Zealand’s ability to cope with climate change will be strengthened as part of the Government’s focus to build resilience as we rebuild the economy, Climate Change Minister Simon Watts says. “An enduring and long-term approach is needed to provide New Zealanders and the economy with certainty as the climate ...
Jobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards finding a job, Social Development and Employment Minister Louise Upston says. “A key part of the coalition Government’s plan to have 50,000 fewer people on Jobseeker ...
A new standalone Social Investment Agency will power-up the social investment approach, driving positive change for our most vulnerable New Zealanders, Social Investment Minister Nicola Willis says. “Despite the Government currently investing more than $70 billion every year into social services, we are not seeing the outcomes we want for ...
Check against delivery Good morning. It is a pleasure to be with you to outline the Coalition Government’s approach to our first Budget. Thank you Mark Skelly, President of the Hutt Valley Chamber of Commerce, together with your Board and team, for hosting me. I’d like to acknowledge His Worship ...
Your Excellency Ambassador Meredith, Members of the Diplomatic Corps and Ambassadors from European Union Member States, Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us. Ladies and gentlemen - In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations. ...
The Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...
Arawata Shane Arawata Shane had wandered long In the wild tangled hills of the West Coast. He came to a stop on the mighty range And looked down at the wide river flats. He breathed in the clean air, And he took in the shadows playing across The face of ...
SPECIAL REPORT:Islands Business in Suva Today is the 24th anniversary of renegade and failed businessman George Speight’s coup in 2000 Fiji. The elected coalition government headed by Mahendra Chaudhry, the first and only Indo-Fijian prime minister of Fiji, was held hostage at gunpoint for 56 days in the country’s ...
By Lydia Lewis, RNZ Pacific journalist and Kelvin Anthony, RNZ Pacific digital journalist Police have used tear gas and stun grenades on rioters at an airport near Nouméa as the chaos in New Caledonia stretched into its sixth day. Five people, including two police officers, have died and hundreds of ...
Asia Pacific ReportThe global human rights watchdog Amnesty International has called on France to not “misuse” a crackdown in the ongoing unrest in the non-self-governing French Pacific territory of Kanaky New Caledonia in the wake of a controversial vote by the French Parliament to adopt a bill changing the territory’s ...
A major provider of school lunches fears the government's new $3 limit for most students will see them eating more pre-packaged and processed food. ...
The star of Dark City: The Cleaner takes us through his life in TV, including the VHS revolution and the John Campbell impression that started it all. Best known for his comedic roles, Cohen Holloway says he struggled at times to maintain the stone cold facade of serial killer on ...
David Hill remembers an old friend, who you’ve probably never heard of. My friend Doug never travelled; he had little interest in the world beyond his own tiny rural town. I’ve rarely known anyone who radiated such contentment. Doug (I’ll call him that) died in March. You won’t know him. ...
Some of the earliest photos of life in Aotearoa are on display at Auckland Museum right now – but the identities of some of the people in them are a mystery.What was it like to be one of the first people in New Zealand to have their photo taken? ...
Since its founding almost a decade ago, Featherston Booktown has grown into one of the country’s most interesting and idiosyncratic literary events. Erin Banks reports from the audience. “Come in, have you had lunch? I’m about to make a cheese toastie.” Mary Biggs, operations manager of Featherston Booktown Karukatea Festival, ...
After 33 years abroad, Loveni Enari recently returned to Aotearoa and Samoa in what a friend joked was an “existential crisis”. He learnt and re-learnt so much about his family, friends and both countries. Almost as an afterthought, he got a Samoan tatau. This is his story. (Accompanying it are ...
Nearly 30 years ago, two people told me they’d killed a woman they knew. I thought the truth would come out, that others would tell it. In the end, I had to. The Sunday Essay is made possible thanks to the support of Creative New Zealand.Fact: in 1995, Angela Blackmoore ...
Editor Madeleine Chapman looks back at the week and shines a light on some increasingly rare longform journalism. Mōrena and welcome to The Weekend where there will sadly be no aurora to see. After a busy week last week of short, sharp pieces, this week we swung the other way, ...
ANALYSIS:By David Robie, editor of Asia Pacific Report Jean-Marie Tjibaou, a revered Kanak visionary, was inspirational to indigenous Pacific political activists across Oceania, just like Tongan anthropologist and writer Epeli Hao’ofa was to cultural advocates. Tragically, he was assassinated in 1989 by an opponent within the independence movement during ...
Forget thin is in, apparently now bigger is better … or is it? After over a decade of body positivity, girls, teens and women are even more confused about what body positivity actually is. The movement began with women confronting unrealistic expectations of how their bodies should look. But sub-strands ...
Grace always sat at the bar at the back of The Cambridge, where she could watch who came in. A huge mirror ran the length of the pub, so you could sometimes watch people without them knowing. The mirror made the place seem a lot bigger than it really was. ...
MONDAY Sheriff Mark Mitchell rose at dawn. He had a long day’s ride ahead of him. He was headed for Waikeria. Waikeria! Even the name itself stirred his blood, and set root in his imagination. There was nothing and no one in Waikeria. But he would bend it to his ...
The first phase of the inquest into the death of Gore toddler Lachlan Jones finished this week, turning up plenty of revelations and few answers. But through all the confusion, heartbreak and antipathy on display, the simple fact at the heart of this case remains: if little Lachie’s body had ...
Source: The Conversation (Au and NZ) – By Roger Benjamin, Professor in Art History, University of Sydney “She’s no oil painting”. Those were the unkind words of a colleague commenting on the subject of Vincent Namatjira’s acrylic painting, Gina. Every one of the prominent Australians and cultural heroes in Namatjira’s ...
Government plans to require local councils hold a referendum on whether to have Māori wards breaches the Treaty of Waitangi, a Waitangi Tribunal report has found. ...
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This is good that minimum wage is rising, but will people be better off, as prices will probably increase to cover the cost to businesses. I think they should have reduced the tax rate on income under $48k instead.
https://www.msn.com/en-nz/news/national/government-confirms-2021-minimum-wage-hike-that-will-affect-175-500-kiwis/ar-BB1bYWWV?ocid=msedgntp
Por que no los dos?
Given most business models now what percentage of costs to wages make up?…id suggest that the inflationary impact of a min wage increase will be far less than you think…especially when you consider the industries that currently pay min wage as of course.
And then you must also remember that (controlled) inflation is the goal….youve has your decades of tax cuts to fuel consumption and they have run out of effect.
A higher minimum wage also reduces the amount of redistribution needed through winz. So less is paid out from the state and more is paid by the employer in recognition of the output from the workers.
nope, that is not gonna change, no more then it changed after the first of april this year.
Pretty much most rentals gone up by about 25 – 45 NZD after the rent freeze. So there is your 'min wage increase'. But food gone up, transport costs gone up, electricity, water, line costs, phone etc all up up and away.
So the poor schmuck working in a supermarket or call centre will get a dollar more per hour from 1 april on, and prices will increase by just a little bit more to cover the costs on everything else on April 1st too. A perfect Aprl Joke.
Labour, were misery is coated in malignant benevolence.
Disclaimer, i have proudly voted twice NOT for the quota woman of the Labour party.
The rent goes up regardless of whether they get a MW increase. The MW increase is the difference between paying the rent, or becoming homeless.
You are right about that. A higher wage reduces eligibility for WFF tax credits.
That will help the government with its rising cost of the AS – as this goes up went rents do.
they will be no better off then with the last increase.
The 40 bucks per week pre tax will not be enough to keep up with inflation, rising cost of living and housing, not to mention medical costs etc.
But at least the government can pretend to be doing something, even if it achieves shit all and in fact may even makes it worse.
Vote labour, for a kinder gentler misery.
Actually, they'll be 40 bucks a week better off.
With inflation around 2.15% they'd need to be earning more than $1800 pw for the figure of $40 to be swallowed by inflation.
The $40 is pre tax. With most beneficiaries on say 15% tax, the increase is not an extra $40 in ones pocket.
Inflation of 2.15% does not fall evenly across all consumption. House price increases, and thus rent increases particularly in the big cities, are significantly above the rate of inflation. Rent forms yhe single biggest chunk of the expenses of most lower income households.
Rent costs are a function of market demand, and those on the lowest incomes need the MW increases to afford rent (and AS besides in many areas).
Rent costs are the price we pay for decades of spineless, greedy, and stupid governments that let speculators have free rein. And they still haven't learned 🙁 .
Rent costs are a function of
market demanda poorly controlled poorly regulated and poorly taxed market.Supply and demand also makes a difference. If there was an abundance of properties available to rent in any given area the price would go down.
This has been coming for a long time – it hasn't been single terms of government error, but decades of sustained error. They know it perfectly well, but still think they get to claim to be a good government without taking the trouble to actually govern .
The $40 is pre tax. With most beneficiaries on say 15% tax, the increase is not an extra $40 in ones pocket.
Inflation of 2.15% does not fall evenly across all consumption. House price increases, and thus rent increases particularly in the big cities, are significantly above the rate of inflation. Rent forms the single biggest chunk of the expenses of most lower income households.
Fair enough. Let's not forget the accommodation supplement meets some of the rent increase. No I don't approve, just saying.
Housing is the great economic divider and parasitises all who are not in the club.
Agree. Let's hope 2021 sees some kind of reform by the government re housing.
Just never understand why such great things in housing were achieved during the depression yet now the best this government offered was Kiwibuild, and the previous government not even that!
The " great things in the depression" actually took about 3 to 4 years to kick in apparently.
well we are past that already considering that this is the second term.
so lets hope that something trickles down soon, right?
My morning coffee from BP went up from $5 to $5.30 after the last wage increase. That is a 6% rise.
You should write to Mike Hosking and compare notes. He will assure you the sky is falling.
If it costs me 30c to ensure people get a fair wage, I'm willing to make the sacrifice!
Yes I don't mind paying the extra 30c either, just pointing out the fact that things will increase and possibly by more than the inflation rate.
"Particularly for something you can make yourself for…awww, about 30 cents.
Unfortunately my own made coffees are never as nice.
Maybe buy your coffee from a local cafe – one with owner/operators who are interested in food and drink and care about their customers? Not some global giant who wants to opportunistically trap you into buying crap mass-produced food and bad coffee because you happen to be on-premises buying petrol. You might find the local cafe is less cynical about gouging you for every cent on whatever lame excuse they can drum up. (Remember the rule of thumb – if we don't dispossess the rich, they will dispossess us)
Well said AB, as a former hospitality business owner, you were more polite than I would have been.
I have vowed to only ever buy fuel from oil companies.
A tax cut for those on high incomes (who also pay tax on their first $48,000) afforded by the government borrowing more money? Really? We have the lowest tax requirement for those of wealth and high incomes anywhere (low top rate, no CGT, no wealth/assets/estate taxation) as it is.
The inflationary impact of the MW increase is negligible – you know what happended in 2018 and 2019 and 2020 when it was increased – stuff all rise in inflation.
And given the housing shortage – and rising rents, the low paid workers need the money.
Minimum wage was $15.75 an hour back in 2017 when Labour came in. It is now $18.90 so people get an extra $126 before tax on a 40 hour week. I wonder if they feel better off now?
If National was in government it would have gone up 50 cents a time 15.75 to 17.25 by 1 April 2020. Apparently they would make no increase at all this time. So under them it would have remained at that level $17.25 from 1 April 2021.
So are low wage workers better off than they would have been otherwise?
Yes.
Yes but weren't Nats also putting thru a tax decrease for them so they receive more in the hand?
Has the National Party ever proposed a tax cut that would give those on the MW more than $10 a week?
I thought they had actually but I'm no expert on Nats policies. Don't forget that as gross wage not increasing, their working for families will not decrease either.
well according to the government stats that ain't so…..
https://www.stats.govt.nz/information-releases/labour-market-statistics-income-june-2020-quarter#:~:text=Comparing%20the%20June%202020%20quarter,%2423%20(6.7%20percent)%20to%20%24364v
You do know the difference between the MW and the median wage right?
And the older workers on the median wage are likely to be homeowners much wealthier than they were a few years ago (sort of at least, they can only leverage that rise in wealth by moving to an area with lower property values) – and those still paying off their mortgages have lower payments now with lower mortgage rates.
There is a reason why Labour was so re-elected. And why they are so accepting of rising property values.
What, you don't like the government stats on how salaries / wages are the only thing that has gotten up while self employed people are down, and income from all sources decreased, while only wages/salaries and government hand outs have gone up?
Oh boy. So sorry. So very sorry to upset you.
bye now.
You are aware what the June quarter 2020 refers to?
It was the one with the lockdown in it.
And given you were responding to a post about about were those on the minimum wage better off for the increases …
"The price of labor—namely wages—is rising at a robust pace, especially in the European Union’s newer member states. Yet, surprisingly, inflation has barely risen."
https://www.weforum.org/agenda/2019/11/the-link-between-wage-growth-and-inflation-is-weakening-this-is-why
Biden's selection of Jennifer Granholm as Secretary of Energy is a good choice. A hard worker, a great communicator, and a champion of renewable energy.
The BAU everyone is adamant is about to occur – will not. Sure, change is not going to be fast enough for most round these parts, but this lady is no dinosaur nor a rich crony.
Hard working experienced people. I reckon Joe's doing alright building a team considering everyone's expectations are so low.
More significantly, the appointment of Granholm may signal an intention to re-orient the Department of Energy to actually be mostly about energy, rather than being a deceptive name for the keeper of the nuclear weapons stockpile.
All the increments add up. With enough improvements in enough areas incrementalism might indeed become transformation.
We have the talent, the tech, the science, and the resources. Should we proceed with technology in an ecologically sound manner, simultaneously addressing how we manage land and land use changes – there is hope.
"The BAU everyone is adamant is about to occur – will not."
We shall see – and it depends on how closely you look. Just swapping out fossil fuels for 'clean' energy, but otherwise doing just the same things on top of that energy infrastructure, seems like the very definition of BAU. And it seems likely that whoever owns that new clean energy infrastructure will have massive opportunities for profit and wealth accumulation beyond their wildest dreams, while the rest of us continue our descent into peasantry – BAU on steroids potentially.
Government to build houses on Ihumatao land.
https://www.newshub.co.nz/home/politics/2020/12/ihum-tao-deal-reached-government-to-purchase-south-auckland-land-from-fletcher-building-for-30-million.html
Where not fletchers doing the same, as well as protecting significant part of land and ensuring some housing going to the Hapu. What has exactly being achieved here barring handing over 30m in taxpayers money for nothing. Bets on Fletchers will get the construction contract, increasing the absurdity As per the honourable Paula Bennett” Next time sweetie zip it”
It was Paula Bennett who was on her high horse about victims of someone working in parliament (and no not one of her caucus members that time) which led to a report and Mallards comments – neither behaved honourably or professionally.
If Fletchers, the iwi, the protestors and the Maori King are all happy with this – then its prime purpose has been realised. Given the current cost of land in Auckland and the liklihood of more social housing to result, its a win for the government as well.
Hmm, so nothing to see here move on
it not a precedent as Grant told us so, let see if that works at next land occupation It seems no value has been created here, in contrast it has simply encouraged more issues down the road
Yes, it is politics. There is the herding of cats aspect to it. And that might mean a delay to social housing – an iwi has/had an interest in there being some housing so there is that to work with.
More issues down the road … there is no land going to iwi as part of any settlement, so in that sense no motivation to that end down stream.
It’s in the area of land of significance, not being privately used, or held by iwi, that this relates to.
That popping sound is that of angry white boomers across the country rupturing a blood vessel because of this.
The same right wing warriors on twitter and face book and kiwiblog that got the election result they deserved. Long may they remain irrelevant.
Then there are the many who like the rise in value of their property on the back of the COVID free status and who just want a holiday – they will barely notice this. And it will have gone away by next year – as talks will go beyond 2023.
Tend to agree unless we get copy cat actions which is likely no matter what Grant says / hopes The problem I see here is that government has decided to get involved in solving disputes within Hapu’s themselves ( a recipe for disaster, think up north) who own or what happens to plot of land in Mangere I am not really that exercised either way
not this 'angry white boomer'..