A real uplift ($22/hr or more this year) would see NZ exceed Australias basic wages for the first time in a long time (for the lower end).
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A real uplift ($22/hr or more this year) would see NZ exceed Australias basic wages for the first time in a long time (for the lower end).
Indeed .. some can't see beyond their nose, or next month :)
Perhaps reducing the size of the notes & coins accordingly may help a few comprehend the real effects ? ;)
Have Treasury announced when they will be releasing the new post-Covid "Robertson Gold Standard" vastly reduced
in size so all the boys & girls can fit more of them in their pockets ? ;)
The new reduced editions will presumably keep all happily amused until they discover that a pocketful doesn't
go any further, most likely less distance than the former did before the downsized redesign,
especially after Robertson's Tax Scoopers Dept swoop in for a share at higher marginal rates ;)
South korea has great productivity "in theory" but their median wage is only slightly above our minimum.
Hopefully making labour more expensive will encourage investment into training, machines and with less migration needed to simply keep the lights on.
Poor Cindy - gone are the days when accolades rained down on her. Just another 1 trick pony (or is it horse?):
https://www.nzherald.co.nz/business/...HV2WRWFZI7AVM/
New Zealand's focus on Covid suppression through closed borders has created the impression that Ardern is incapable of moving the country forward.