News | Business
24 Nov 2017 0:08
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Olympic Games
  • 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




    © 2017 NZN, NZCity


     Other Business News
     23 Nov: NZ shares fall, led by A2, Kathmandu
     23 Nov: Cullen to lead tax working group
     23 Nov: Stride makes great strides in 1H profit
     23 Nov: Kiwi up as Fed frets over inflation
     22 Nov: West Coast coal mine gets council consent
     22 Nov: Annual migration lifts in October
     22 Nov: Lord King, former Bank of England governor, says global banking system 'not safe'
     Top Stories

    RUGBY RUGBY
    All Blacks toils will reap reward: Hansen More...


    BUSINESS BUSINESS
    NZ shares fall, led by A2, Kathmandu More...



     Today's News

    Basketball:
    South Korea edge Tall Blacks in qualifier 22:17

    Entertainment:
    Jennie Garth and her husband, Dave Abrams, are taking time apart 21:50

    Entertainment:
    David Cassidy has passed away aged 67 21:20

    Law and Order:
    Woman arrested over Hamilton fire 21:17

    Golf:
    Sydney young gun leads Australian Open 21:07

    International:
    Rohingya crisis: Push for contraception, even sterilisation, as Bangladesh struggles with refugee influx 21:07

    Entertainment:
    Nick Carter has been accused of sexually abusing former singer Melissa Schuman 20:50

    Entertainment:
    Janet Jackson has rebuilt her relationship with her ex Jermaine Dupri 20:20

    Entertainment:
    Katie Price has been left shocked and heartbroken after one of her horses was killed in a car accident 19:50

    Entertainment:
    Julia Stiles has given birth 19:20


     News Search






    Power Search


    © 2017 New Zealand City Ltd