Darien Fenton’s minimum redundancy bill has been drawn from the ballot and is likely to go before the house in the next two weeks.
In my opinion implementing a minimum redundancy is one of the most significant ways we can reduce the effects of the recession on working Kiwis because it offers a buffer for people when they lose their jobs so they can continue to pay their mortgages for a while, set themselves up in business or get some financial space to retrain.
I expect that National will talk a lot about how business can’t afford this and it will cost more jobs but it’s worth remembering that 85% of union collective agreements have a redundancy clause.
It’s also worth remembering that business got a 3% tax cut from Labour last year.
And that our long-standing politicians are also rewarded extremely well when they are made redundant by voters and that senior managers also tend do very well when they move on.
If it’s good enough for them why should ordinary workers be left high and dry when their job disappears? Especially when those jobs are disappearing at a frightening rate.
Somehow I doubt the political arm of business will agree.
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