POVERTY WAGES - THE CHALLENGE OF HISTORY

January 31, 2010

Don Franks

The 25 cent government increase in the minimum wage from 1st April was denounced by union leaders as “a cheap shot’ and “mean.”

The increase to $12.75 from April 1st, 2010 is an annual increase of only two per cent. The NZ Institute of Economic Research inflation forecast is 2.3 per cent for the year to March 2010 and the average wage rose 2.8 per cent in the six months to September 2009 alone. That suggests the lowest paid workers are going to be relatively worse off than they are already. Read the rest of this entry »


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