Govt eats humble pie with symbolic backdown on public sector pay

Govt eats humble pie with symbolic backdown on public sector pay
Grant Roberston, Jacinda Ardern and Chris Hipkins have had to hose down angry public servants this week.
Pattrick Smellie
The trade union movement has wrung a small concession and symbolic backdowns from senior government ministers in a day of talks aimed at dowsing anger caused by last week’s public sector pay freeze announcement.The key concession is a commitment from public services minister Chris Hipkins to review the government ‘expectations’ on public sector wage restraint next year rather than in 2023, as previously announced.The prime minister, Jacinda Ardern, met Public Service Association (PSA) leaders this morning before a meeting this...

More Editor's Picks

UPDATE: NZX directors mauled in fee vote
Markets

UPDATE: NZX directors mauled in fee vote

Of shares voted on the re-election of NZX chair John McMahon, 27.62% were opposed.

Port of Auckland upgrades earnings guidance as lease decision looms
Infrastructure

Port of Auckland upgrades earnings guidance as lease decision looms

The port is seeing increased volumes, bucking the national trend.

Oliver Lewis 18 Apr 2024
Sticky domestic inflation may push rate cuts off table until 2025
Economy

Sticky domestic inflation may push rate cuts off table until 2025

Annual inflation was 4% versus 4.7% in the December quarter.

Rebecca Howard 17 Apr 2024
NZX in for a tongue-lashing at AGM
Markets

NZX in for a tongue-lashing at AGM

A proposed 38% increase in the pool for directors' fees is not universally applauded.

Pattrick Smellie 16 Apr 2024