News | Business
20 Feb 2018 17:00
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Business wants assurance from Labour

    The business sector wants an assurance from Labour that it won't take New Zealand back to the bad old days of collective agreements, strikes and lockouts.

    13 September 2017

    The business sector wants an assurance from Labour that it's Fair Pay Agreements won't take New Zealand back to the bad old days of collective agreements, strikes and lockouts.

    Fair Pay Agreements are part of Labour's industrial relations policy and are set out on the party's website, but the explanation doesn't go into detail.

    BusinessNZ chief executive Kirk Hope says Labour has said it will take a year to work out the details of the policy, but businesses need to know now what they would have to deal with under a Labour government.

    "What has been proposed is a substantial change to the framework that industrial relations have been conducted within for the last 30 years," he said on Wednesday.

    "Business would be concerned if the Fair Pay Agreements resembled National Awards which caused strikes and economic decline in the past."

    Labour's website explains the policy like this:

    "Fair Pay Agreements (FPAs) will be agreed by businesses within an industry and the unions representing workers within that industry.

    "FPAs will set basic standards for pay and other employment conditions within an industry, according to factors including job type and experience.

    "By setting a floor, FPAs will prevent the 'race to the bottom' seen in some industries, where good employers are undercut by some bad employers who reduce labour costs through low wages and poor conditions.

    "FPAs will create a framework for fair wage increases where good employers are not commercially disadvantaged for doing the right thing.

    "FPAs will cover all employees and workplaces within the relevant industry. Negotiations on FPAs will begin once a sufficient percentage of employers or employees within an industry call for one.

    "This threshold and the precise implementation of FPAs will be developed in government in consultation with all stakeholders."


    NZN




    © 2018 NZN, NZCity


     Other Business News
     20 Feb: KiwiRail earnings up despite Kaikoura woes
     20 Feb: Fonterra likely to hike milk payment: OMF
     20 Feb: Weak greenback hitting beef exports to US
     20 Feb: Vista increases stake in China
     20 Feb: Reverse mortgages boost Heartland Bank
     20 Feb: Kiwi down in subdued trading
     20 Feb: FMA turning torch on rogue directors
     Top Stories

    RUGBY RUGBY
    McKenzie ready for playmaking pressure More...


    BUSINESS BUSINESS
    KiwiRail earnings up despite Kaikoura woes More...



     Today's News

    Rugby League:
    Be patient, Roosters NRL fans: Johns 16:55

    Politics:
    US partygoer angers Chinese authorities by stealing a 2,000yo terracotta warrior's thumb 16:45

    Education:
    Florida shooting: Students stage 'lie-in' to pressure White House on gun control 16:45

    Politics:
    Government set to release TPP text 16:45

    Entertainment:
    Danny Jones' wife Georgia Horsley says she'll be "okay" if she doesn't regain her pre-pregnancy figure 16:35

    Law and Order:
    Brazilian cocaine courier sentenced 16:15

    Entertainment:
    Kerry Katona admits raising five children is "hard" 16:05

    Cricket:
    Eden Park in spotlight ahead of T20 final 15:45

    Environment:
    Christchurch declares state of emergency 15:35

    Entertainment:
    Amy Schumer has shared a series of behind-the-scenes photos from her wedding 15:35


     News Search






    Power Search


    © 2018 New Zealand City Ltd