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Find the truth and the truth will set you free a simple choice for you.Live as if you only have one shot on this earth.
She was a liar during her tenure as PM and is still a liar today.
http://www.nzmsa.org.nz/wp-content/u...id-Example.pdf
page 6 is enough to convince me.
Andrew Little and Winston Peters have been interfering in Australian politics at a level never before seen from NZ Ministers. But when an ex Australian PM mentions and disagrees with Winston, he gets fired up about foreign interference. Yet another proof Winnie has totally lost it.
Then he follows up with some veiled threats against Peter Goodfellow for calling Winston what he is. Thanks goodness we will never see WP in parliament again after the next election.
https://www.nzherald.co.nz/nz/news/a...ectid=12098026
They need that, goodfellow sounds like a mini me whale oil and he asked for it with a rude comment like that, typical.
Aus need to change their flag, do they really want to be confused with us, ridiculous, a flag with a Tasmanian devil on it would be perfect atp:) mean spirited and not into human rights.
I guess thats why they got old John howard, prime minister til what 2007, his fees would be cheap and he has the similar conservative behind the times beliefs, he is against marriage equality, refused to apologise to the stolen generation, and not truthful about the boat people and shafted NZ a few times, yep cheap and a fresh approach for the nats , not lol.
Nope , assuming makes an ass of people.. Im still reading it . But heres a tiny taster. Whale oil guy who hacks and gets hackers to give him private info he can try and turn into mud and throw at labour,who boasts about his exploits gets hacked himself and the info sent to Hagar who presents the facts, evidence to us with names , detail all the way to some of the PM's workers. Its all there fascinating and sickening and authentic. An insiders guide to real life dirty politics.
Jacinda shortly about to relieve Winston of his baubles. Good timing with their Sex Camp report due in the next week or so. I was surprised there were six charges and four victims. Sounds like Labour have empowered a real little kiddy fiddler. Continued name suppression to be decided in the next day or so - usual practice is to release name to allow other victims to report. Will be interesting to learn who supplied the booze to the underage kids.
The supply and consumption of alcohol to minors won't be.
I'm also waiting for Andrew Little to update their crime policy where he advocates those accused of sexual offending need to prove consent to be found innocent rather than the current standard of prosecution having to go prove guilt. He says ""But when you look at the volume of sexual violence cases and the 1 per cent of cases that result in a conviction, there is something wrong with the way we are handling sexual violation cases. The circumstances may well justify doing something radically different.""
Just to make sure we have some context. Heres the audio: https://www.youtube.com/watch?v=p3SwNfONBC0
Seesm ANZ has the same view : https://www.stuff.co.nz/business/105...el-in-a-decade
Note to Jacinda: You wont get people out of poverdy and into houses if they don't have jobs that employers can afford to pay for.
More common sense and inclusiveness good stuff
Government seeks public input on well-being indicators Radio New Zealand 1 hour ago
I dont think you are beyond compassion, or empathy you must hav'nt learnt it yet. never too late for you "strong" scroogey men:(
The national govts top down punitive welfare approach is a failure, it just cultivated more of the same, people with no self worth, not good for them or our society. cruel and unusual and abject failure, maybe even a soft human rights issue.
The govt's approach using kindness and humanity gives people a chance to hope, from hope springs personal growth and wellbeing and citizens to be proud of.
Yes i remember Bill English pulling out his ace and introducing Gerry Brownlea to his audience in Ch Ch on his tour pre elections. The look on his face as he stretched one arm out and said heres gerry as the crowd booed loudly, yep said it all.
True and its BrownlEE as in SpEEdos , sorry Gerry.
Interesting piece by Mathew Hooton (yes, I know he has an agenda) in the paper today. Paints an ugly picture of the inner workings of the coalition. The Greens principles sacrificed on the altar of Winston.
As expected, Joyce is going to be proven right https://www.nzherald.co.nz/business/...ectid=12103577
...... but at least something is finally being done to address the building skills shortage, with subsidies being paid to encourage employers to take long term unemployed youths on apprenticeships. I just hope they've budgetted for the inevitable claims from other such groups, e.g. the present crop of low paid youths/apprentices.
Oh FFS why is she wearing a Hih viz jacket.
Its about time she got her had out ot the air head clouds. The first thing employers want from an 18 - 24 year old is the proven ability to turn up to work on time and work consistently the contracted number of hours. You woudlnt htink this woudl be a hard ask - but its something way beyond many of todays youtth - especially those at winz.
Lets say teh employer gets $1000 a month.
I bet an employer would much sooner have a 90 day trial period to see if the lazy layabout can turn up to work.
$1,000 isnt going to cut it. $2,500 legal fees from a lawyer to help defend a bogus Personal Grievance for wrong full dismissal. Biff in another $1500 for lost wages and $ 3,000 for Hurt and humiliation" and any smart employer isnt going to take the risk on these kids.
The kids don't need dignity . They need a kick up the bum and if they don't turn up for work they don't get the dole. Solved!
Edit: https://www.stuff.co.nz/business/106...ignity-of-work
I did, quite a reaction, weird. Swearing , generalisations, laziness,negativity.I think its great myself, motivational confidence building, self esteem enhancing, helps some people from a negative idle, depressed space to a productive, self generating confident member of the workforce.
[QUOTE=minimoke;724080]Oh FFS why is she wearing a Hih viz jacket.
Perhaps because -
"The announcement took place at Downer Yard in Porirua, the civil works and engineering company's Wellington "super-site"
On a different note, the Labour Govts proposed changes to Local Govt. removing changes introduced by National are a backward step in my opinion.
I am convinced that the continual increases in Council rates and fees way above inflation is a major reason for price rises in general.
Restoring Local Govt. to their previous position is a mistake.
westerly
Our resident relentless negative poster, glass empty, huge chip on the shoulder of life. Is that your default position, i hope not mm, no way to live a life.:confused:
I think its a fantastic offering for young people who have lost their way and for business too, a win /win hopefully.
Young people get dole for work in new apprentice scheme
My plan would be
- no dole for any one aged 18 - 24. (Nothing like a hungry tummy to motivate into work)
- no dole for any one
Instead you have a deduction from your pay as insurance in the event of loss of work.
- if a subsidy is to be payable it is available for all youth - not just those who have proven themselves incapable of securing work
- retain trial period. To ensure lazy bones can get out of bed consistently for 90 work days
I have a bit of knowledge in this area as we have an apprentice in the family plus a small tradie business.
A lot of things are unclear to me about the proposal, may become clearer over time.
Is a foundation course required? It does give them a good start. (One day our boy came home buzzing as he had his first go at trenching with a digger!) There is book work required, as well as practical skills. So that needs functional numeracy and literacy, and not all those 70,000 NEETs have these.
The apprentice did the foundation course for his trades. Over 20 started, 4 finished. Week 2 the first ones dropped out. Most were made to be there by WINZ.
The cost is unclear, with the latest number being $3k to $6k per placement, much much less than the previous numbers. Sounds like the new number is the pastoral care component only, I suppose because the dole cost might have been paid. Though surely some of these kids would find work anyway. Planting trees perhaps.
The scheme will work for some. There will be dropouts. Employers might buy in but won't stay in if the first placement doesn't work. There's a lot of effort goes into an apprentice in the first couple of years.
Let's do this
New Zealand Herald
nzherald.co.nz
NZ Herald
10 Aug, 2018 2:19pm
BUSINESS
Matthew Hooton: Worsening crisis of confidence
10 Aug, 2018 2:00pm
4 minutes to read
Did Grant Robertson and Jacinda Ardern and the rest of the Labour crew do any policy work during nine years in opposition? Photo / Brett Phibbs
By: Matthew Hooton
matthew.hooton@exceltium.com
COMMENT:
The current business confidence crisis is set to become an investment crisis and full-scale economic downturn.
Already Treasury has cut its growth forecasts while Statistics NZ reports unemployment is up. Inevitably, welfare spending will rise above budget, forecast tax-takes will fall and the Government's projected debt-to-GDP ratio will increase.
The coalition's budget rules mean its fiscal response can only be pro-cyclical, cutting planned spending to keep within its debt-to-GDP cap.
The outlook risks being catastrophic not just to the thousands who will lose their jobs but also to the Government's re-election hopes.
Jacinda Ardern and Grant Robertson have spent the week denying there is a crisis while also insisting it's everyone else's fault.
They are right that business confidence has slipped globally because of Brexit and Donald Trump's trade war, but that does not explain why things are so much worse in New Zealand.
Business confidence is plunging, not just in absolute terms, but also relative to the rest of the world.
Two years ago, New Zealand businesspeople were the second-most confident in the developed world.
Now they are the second-least confident, with pessimism as bad as during the Global Financial Crisis.
True to form, the Beehive's response has included smearing those who collect the data and participate in the surveys. Trade Minister David Parker has led that charge, saying the studies are "junk", a "survey of the emotions" and "the vibe of a self-selected subset of CEOs".
Labour's media surrogates have loyally argued it's all just a tantrum about the colour of the new Government. But the Government is not "new".
It was elected nearly a year ago and business confidence did not sink to its current depths immediately.
The real problem is that Ardern, Robertson and the rest of the Labour crew were either incapable, too lazy or too distracted to do any policy work during nine years in opposition.
The Government's 100-odd working groups are designed to fill that gap, but their combined effect is to leave every area of policy open to radical change but with no real indication of the nature of that change or when it might happen.
We have no idea what taxes might be dreamed up by the Tax Working Group, let alone which will be implemented or at what rate.
The proposed independent Climate Change Commission means Parker and Nick Smith's Emissions Trading Scheme might be replaced with something better or worse.
It's unclear if the Government will streamline the Resource Management Act processes or expand the Auckland urban boundary.
On water, some sort of tradeable rights scheme seems inevitable, with Māori taking some percentage as with the fishing quota. But the Government is unable to indicate when it will happen, how it will operate or what it might cost.
Consequently, farmers and growers don't know if their access to water will be restricted or a charge introduced. Potential new entrants, including iwi, don't know if they might get better or cheaper access. Neither can invest until the policy is resolved.
Similarly, no one knows what Jim Bolger's Fair Pay Agreements working group will conclude, with fears it will be the biggest reversal in industrial relations since Bolger himself abolished compulsory unionism in 1983.
Future immigration policy is unclear, despite its reduction being Winston Peter's central political message for a quarter century. Almost every other important area of policy, including health and education, is equally up for grabs.
Meanwhile, businesspeople are right to worry Shane Jones might suddenly turn up at your competitor's operation with a big cheque from his $3 billion Provincial Growth Fund.
After the oil and gas decision, there is no certainty internal coalition politics won't mean your entire industry won't suddenly be declared unwelcome.
Alongside its diversions and smears, the Government tried this week to launch a charm offensive, with Ardern and Parker's "Trade for All" initiative and Robertson's people pointing media to a speech he gave at SkyCity.
The former is an Ardern special. A year-along "conversation" about what trade means to you, complete with yet another "advisory board".
Robertson's speech was the usual precis of historic economic data combined with vague references to an Economic Plan, written in the style of a high school debating runner-up.
The Beehive PR machine needs to remember it's communicating with investors and business leaders, not infants.
In fact, Robertson knows full well there is no plan. How could there be when absolutely any policy that counts, including even whether trade is a good thing, is to be left undetermined not just for weeks or months but, in some cases, for years?
- Matthew Hooton is managing director of PR and corporate affairs firm Exceltium.
Another govt Feel Good waste of time. Banning single use plasic bags. Lets put aside for a moment lots of these are actually multi- use and get used as bin liners.
In a foreshore survey in Canada worst plastic pollutant was Cigarete filters, followed by food containers, then bottle caps, bottles, cans, straws, other plastic bags, metal bottle caps plastic and foam packaging. And languishing in 10th spot was plastic grocery bags. In a Pacific Ocean survey 46% of plasticss were fishing nets. If you add ropes and lines you get 52%
The better question for govt is "how can we recycle / reuse". But thats too hard when you dont have a policy group doing your thinking.
Bridges is a real idiot .....and I’m trying to be nice about it
Is this the result of a generic analysis or a reaction to a recent event?
Mathew is on the outer as a credible journalist.heres a positive bit of balance from Gordon Campbell.
Gordon Campbell on why worrying about business confidence is a wasted effort
"That’s the real problem of course, with business confidence. For reasons that amount to little more than a prolonged political sulk over last year’s election result, the corporate world is talking itself into a tantrum. There is no valid economic reason for the business sector to feel as negative as it now professes itself to be. In fact, if business feels as bad as this when the overall economic indicators are this positive, Lord help us if a genuine financial crisis ever comes over the horizon."
[QUOTE=Joshuatree;724478]Mathew is on the outer as a credible journalist.
I'm inclined to agree JT, but the last couple of columns from him have raised valid concerns.
Business confidence stems from all sorts of things...some emotional...others hard data like forward orders, rising costs etc. I think Gordon (the old leftie) Campbell is going out on a limb to say business is sulking. I think business leaders are more pragmatic than that.
I dont see any validity in those paragraphs. it is mainly politicalised imo, we really have it good here in NZ . Things aren't perfect and we are transitioning away from nationals immigration etc economy . I can understand some uncertainty and sentiment as big changes are happening and business may lose a little favouritism but overall its make hay while the sun shines(exchange rate the latest opp) and pull finger.
Won't be long now before we hear the old FDR line - "We have nothing to fear but fear itself".
;)
You need to open your eyes to see :D;
The current government is pushing labour costs up by two digit figures through stupid and unjustified (i.e. not supported by productivity gains) increases of the minimum wage. This is obviously directly impacting the bottom line - how can this be good for business?
The current government is adding plenty of non work related cost to the employment bills - free (but paid) days for domestic violence in the family ... what's next - free days if the neighbours pet falls ill? I guess all nice to have, but what the government does not seem to understand is that each of the freebies they are throwing around is reducing the competitiveness of our industry.
Payback time for any union supporting this government is not only pushing the tax bills up (or increasing the black hole which used to be the public budget). Where do you think will the money come from to pay nurses, teachers, age care workers, mental health nurses and no doubt soon police, army, bureaucrats and politicians two digit par rises? Just wait for workers in the industry to follow suit (or leave). How is this not bad for our industry?
The current government does nor tend to make decisions (unless they are really stupid, bad for business as well as the environment like the ridiculous decision to stop oil and gas exploration) but adds for any issue another debating club to talk and talk and talk. Nobody can predict the outcome of tax reforms and many other open issues ... and uncertainty is bad for business.
The current government is implementing populist "solutions" - stuff which sounds good if you had too much alcohol, but does not work. Fighting immigration is part of that. Bad for business - less qualified workers, less customers. Stupid.
This government is bad for business. No surprise business confidence dropped from second best in the OECD under National to second worst now. We do have an incompetent prime minister under a populist leader supported by a watermelon appendix. How do you think business should feel good about this?
Just open your eyes, and enjoy how your government is destructing our economy.
Re ban on plastic bags
All of us should read this. It’s a pretty poor document .....stuff all real analysis or evaluation....and no doubt the decision has already been made
Maybe that’s how bad our public service has become
http://www.mfe.govt.nz/sites/default...tation-doc.pdf
LOL - these gals have absolutely no clue what they are doing - don't they? Maybe we could have a referendum on this document?
56 pages, 13 questions (hidden in the text) plus many sub-questions. Business will need to employ additional staff just to respond to consultations like that and evaluating their responses will take many person years. Anybody expecting a clear answer on this question list? Anybody wondering why business confidence is down?
But hey - they make sure Winston First clientele is protected:
How thoughtful. We clearly will need an additional shopping bag payment for beneficiaries. All these senior policy analysts clearly punch above their weight ...Quote:
Consumers on lower incomes who may not feel able to afford longer-life bags may need
assistance during any transition. We will engage with retailers on practical options. An example
could be for holders of Community Service Cards and Gold Cards to receive assistance or
concessions.
Just wondering - can we please do this in future for every mental fart the government might have? We probably need to allow more immigration to get enough policy analysts on board and will spend all our tax money on them, but at least will it stop these dilettantes to do any additional damage to our country.
And just in case anybody is wondering - get rid of one way plastic bags.
Maybe we could even get rid at the same time of the government and pick some grown ups who knows how to do their job?
The times they are a changin
Just skimmed it but good stuff, and about time.
AMC a popular stock with investment advisors and one of the bigger packaging companies in the world is changing too. $16.5 billion company pledging to make all its packaging recyclable by 2025.
Join The Dots ,its so simple its complicated for people who won't , dont change their thinking, extreme narcissism?.
Good grief! An executive decision to cease exploration for oil and gas; 57 pages of "consultation" waffle about a subject that NZ consumers and business generally agree is necessary and inevitable!
Excellent and thorough template. Setting up a flow through for all the rest to follow. No pleasing you armchair critics, you may find a hundred helium balloons taking you high at some point to get another angle;)
First rule of policy is to define the problem.
Looking at Fig 1 the problem (by weight - which reckon is the worst part as weight has to contain more pollution) is that the worst litterer of our coasts is Building materials and tyres, followed by bouys and floats. And then clothes, shoes and ropes. and then glass bottles and then plastic bottles.
Yawn - where are the plastic bags?
So I cant waste my time reading further as the proposed solution doesn't relate to the problem.
But because I am more green than the average Greeny I will read on. For a bit. And what do I find. Single use plastic bags are estimated to account for 0.01% of landfill. Seriously. We need a solution to this?. I'm no govt paid policy wonk but I reckon disposable nappies probably account for at least 1% of crap going into landfill - how-about we ban them
After that I'm afraid I've lost interest
some more informative views here from Brian Easton
‘Business Opinion’ is falling. Does it matter?
"The world economy aside, the biggest pressure is almost certainly public sector wage demands which are news headlines but not generating much informed comment. Everyone knows the Richardson-Shipley slashing of benefits cut government spending, bedding in the low tax regime on high income recipients. Less appreciated is that, a few years earlier, the Lange-Douglas government had cut back public sector wages by changing public sector management (mainly via the State Sector Act and the Public Finance Act) with similar effect. The process of repressing public sector remuneration (except at the top) has been going on for three decades.
A generation later we are facing a public sector wage breakout which is adding to government spending pressures. It would be easy to say that the unions are taking advantage of a weak Labour Government, but the dam was leaking under the last National one. Perhaps there is a fundamental structural change going on; but what, why and where? This should leave one’s opinions thoughtful and certainly not complacent."
Wannabe lives it up with end to end rehearsal.
"Opposition leaders do tend to pay more dollars for crown limos than ministers, although Andrew Little as Opposition Leader spent $35,000 less than Mr Bridges over the same time last year. Mr Bridges also spent more than Bill English over the same period - and Mr English was Prime Minister at the time.
Leaked: Simon Bridges' roadshow has cost taxpayers $113k 1 hour ago It's three times as much as Andrew Little spent in the same time last year. It's even a bit more than the current Prime Minister spent in the first three months of this year."
Reminds me of an elderly relative at an art exhibition, " i could have done that"
Really he went around and preached to the converted, National party supporters, really a party related cost one would think.
Business confidence does matter people.. when it reflects non profits and businesses having to consider closing as they can not on charge min age, pay parity payments or source staff..the country has a problem...
Yet its all about Auckland house prices could drop 5%...
Plus the forex certainly produces winner and losers....
Why is there no informed debate now in this country..all these media commentators are the so called experts on everything and no experts on issues of significance in the media...
Same could probably said for all politician trips regardless of party.
That is something I miss and why I dont watch the news. I have no interest in some air heads opinion. (and some balance would be nice - not just a journalists one sided view.)
Dectective Trev on the case
https://www.nzx.com/announcements/322139
Who cares anyway?
$919 a day trying to bolster his flagging status and preaching to the converted, thats troughing it . Agree his party should have paid for it but they prob would think thats wasted money..
If you had listened to the Hosking/Ardern interview this morning you would have heard her say it is surprising how quickly these expenses add up. She wasn't that concerned about it as the system applies to all party's.
And who paid for the mail out Jacinda made some months ago? Just an example. I didn't see you moaning about that. But then you are very selective in what you see.
Do you notice your lack of support on this thread and others where you adopt the same stance when it is out of place.
Its been noticeable the chip on shoulder attacks from the unadaptables on here. Flexibility and adjustment is required like yoga of the mind;) .The transition from an immigration and ridiculous housing value economy is here and happening for a more sustainable, healthy and just country for all is happening.:D Get out of your snipers hole and contribute.
Treasury articles are always interesting. Seems productivity been a problem for a very long time
Here’s one staff member’s insights
“The magic bus meets the little yellow digger”
https://treasury.govt.nz/publication...tivity-capital
Int discussion wth XERO managing director Chris Hudson on national radio this morn.
Data on small business insight
Small business , 20 employees or less make up re 29%of gdp
Core platform data from 300,000 subscriptions analysed into 5 metrics
More and more accurate data then the govt has and it will be released every 4 months
XERO are highlighting a part of the economy that hasn't had the light of day for a long time.
Small business doing better than last year, with a 7-10% growth
Hiring over and above the national average
Month on month there is a slight slowing from a gallop to a canter but that could be seasonality, winter construction etc.
Time to being paid has improved 5.1% a very positive metric
A very different story on where business confidence is. A political football being kicked around. Small business is stable, a glass half full positivity. But this is being undermined. The gloomy perceptions being pushed by media and the opposition, putting doubt into small business minds, talking ourselves into a hole. Its actually going well and they are looking to hire more staff but because of what they are hearing through the media maybe they won't hire. talking ourselves into gloominess. false perception can become reality.
Thats what i call being traitor to your country, pushing the fake news ,like some are...
A post worthwhile of Mr Erdogan ... you should be ashamed of yourself. Anybody who disagrees with your incredible one sided views is a traitor - really?
BTW - just in case you want to open your mind ...
Have a look into the state of the construction industry. Lots of SME's. Are they doing well - really?
Have a look at transport. Lots of SME's - and they just start feeling the bite from increased petrol taxes in combination with rapidly increasing petrol prices - courtesy to a government driving our currency down.
Have a look at education - government killing off high performing charter schools and destroying jobs just to make sure the teachers unions get a still better grip to strangle and blackmail the country.
And just wait until all these pay rises come through. Ever thought who is going to pay for them? Yes, correct - another burden for SME's - either direct on the wage-list or indirect with still higher taxes.
See i what i mean a typical miserable half empty glass trying to drag everything down to his negative level and beating them with experience.
A shining example of false perception. the way a traitor thinks.
If you bothered to be open to read the above its about NEW data aboutthe 29% GDP created by small business which is doing well but being pushed into doubt by political falsehoods. Careful what you wish for.
This Twitter thread shows how bitter and twisted some are around the Beehive .....even JT would be indignant
Good for a bit of entertainment if nothing else
https://twitter.com/matthewhootonnz/...07305696354304
Matthew Hooton (@MatthewHootonNZ)
13/08/18, 7:33 PM
The Prime Minister had drinks in her office on Thursday with journalists, to explain to them how she didn't want Baby Neve to be used for political purposes. Baby Neve was then passed around the assembled journalists so each of them could have a cuddle.
Its no surprise. We have had successive governments push Working For Families, Minimum Wage, PAy Equity and the Living Wage. All this drives up wage costs - but not one single word about a need ot see those recieving thes encreases being even a tad more productive. I'd go as far as saying these policies are actually a disincentive to be more productive.
Interesting only about 50% of SMEs are cash flow positive
https://www.xero.com/nz/resources/sm...ric/cash-flow/
Thanks w69, thats the XERO stats laid out clearly for small business.
Cameron Bage..... stated 6 C risks to the economy many out of our control
Contagion risk
Currency
China
Cost of funds
Commodity prices
Confidence, the one thing we can deal with and correct where necessary.
Its a bit old, but written in positive times: 10 businesses go bust a day
https://www.pinpointbusiness.co.nz/s...sinesses-fail/
Maybe not as high as 50% running at a loss (cash flow contains capex, working capital etc) but you would be surprised at how many do or make very little real profit.
In a lot of cases it’s a person creating a job for himself and more often or not doesn’t really (or unable to) reward himself for the effort put in ...and the risk taken
SMEs (less than 20 employees) make up about 30-35% of the economy and about 35% of all employees.
It is these business that Labour appear to want to get rid off in their transition to a higher paid workforce and a more productive economy. ‘Theory’ being if an enterprise can’t afford to pay a decent living they should not be in business and the capital moved to more productive business ...or something like that Paul Eagles said when he muttered his way through an explanation of some of Labour policies.
I'd go so far as to say you are irrational. Working for families does not cost the employer, its all tax credits from the govt to the employee. Employer has nothing to do with it.
Working for families has not pushed up wages, quite the opposite, it has subsidised wages. Employees that wouldn't be able to make ends meet without it have been able to be stay in their jobs because of the handouts, instead of pushing for wage rises to cover their increasing costs of living, or buggering off to somewhere with better pay.
Pay equity is just how it should be, two employees with the same skillset and experience doing the same job should be paid the same.
I'm aware of the numbers of small businesses that fail. It's not the easy, or profitable life, that many think. There are plenty of small enterprises where the owner makes less than the minimum wage - but for all that I don't believe 50% are on the verge of tipping.
Xero tends to lobby first and foremost to Government and a lot of stats are framed for their agenda at the minute. Been to a few conferences where they have presented stats that not everyone in room in the know agrees with or how they are presented...A lot of small business do have cash flow problems and a lot of companies in specific industries make a loss often with capital gain being the main objective. Some interesting papers released by the TWG...only 500 companies in NZ generate over 80 million turnover and of those 20% derive a loss.
That would be about the number of companies of a similar size in the business park in LA we are in.
Hardly big business NZ inc.
ps Are lot of small businesses do not actually fail in NZ, they just close because of change in circumstance.
I’m sorry. In the context of my post I didn’t think I needed to explain “wages”. Obviously I do so here goes.
Lets take two workers “A” and “B”
Before Working For Families they both worked 8 hours a day, five days a week and made 500 widgets each. Each worker took home $500 in their pay.
Then WFF came in. Employee B has 1 child so that entitles him, to lets say $100 extra. So now you have Employee A taking home $500 for his 500 widgets and Employee B taking home $600 for his 500 widgets. Net cost per widget has gone up. Employee B is no more productive but there is a greater cost.
It gets worse. Say Employee B takes a day off without pay. So he only produces 400 widgets. That week Employee A takes home $500 for his 500 widgets and Employee B takes home $600 for his 400 widgets. See the problem?
But there is a perversion as well. Say Employee B does 8 hours overtime and produces 600 widgets. He gets paid an extra $100 for his labour. But because he gets paid more gross he gets less WFF - lets call it $100. So now we have employee A taking home $500 for his 500 widgets and Employee B $600 for his 600 widgets. He gets nothing for his increase in productivity. So what does Employee B do – of course he doesn’t work overtime.
Do you see where I am going with this?
Now lets say we ditch WFF. And lets say Employee A wants to start a family and Employee A has figured it costs $100 a week to have a child.
He has a few options. One is to work more hours and increase his productivity. Kinda good. Except he is worker harder not smarter – that’s not productive.
So instead he decides to educate himself a bit more, upskill, train and get a better job,
Lo and behold he is now part a higher wage higher skill economy
Since you raised it, lets look at pay equity. Like it or not the most equitable pay is the total pay package agreed between a willing employer and a willing employee.
Lets see how that works.
Say I make widgets. I have a warm, dry sunny widget making place with off street parking. In my staff cafeteria you'll find A2Milk and Robert Harris Coffee. On Friday nights we celebrate our work with me suppling a cold beers and a slice of Hells pizza. I have virtually zero staff turnover and I pay a person $400 for 500 widgets.
You on the other hand also make widgets except you have a dirty old run down widget place. Your workers have to walk past the Mongrel Mob head quarters because there is no off street parking. There is a jug at the end of their widget bench, Dairy Dale milk next to it and you cant wait to see the back of that lot of pricks on Friday afternoon. Staff turnover is high and you have to pay $500 for a person to make 500 widgets.
Your employee and my employee have exactly the same widget making skillset and experience and they do they same job. You think they should be paid the same - what should they be paid?
You also seem confused with inputs (skillset / experience) with output (productivity) but the night is too short to go there.
Another tick for the Govt.
Foreign house buyer ban is law
The other issue is that there is no shortage of houses in NZ. Its where the population wants to be relative to where the houses are which is another problem. (No shortage of houses in Christchurch and many other regions areas in NZ).
If govt was serious they would come up with policy to get people out of Auckland and into the regions (Would help solve lots of other problems as well - transport / infrastructure / teacher shortage etc)
The current situation is the result of decades of poorly planned infrastructure and residential land development in areas where people (both new arrivals and existing residents) want to live. There was precious little planning to cope with the result of immigration policies.
Who will pay for policies encouraging the development of regions?
Who has been paying for Christchurch since the quakes?
Auckland businesses and individuals pay a good whack in taxes, rates and now the regional petrol tax.
I am guessing regional development would have to be cross-subsidised by Aucklanders too. If there are tax concessions for regional businesses and developers then Aucklanders would have to make up that shortfall too