Nurses' pay deal adds to building pressure in retirement sector

Nurses' pay deal adds to building pressure in retirement sector
Rebecca Howard
By Rebecca Howard Aug. 7 (BusinessDesk) - The settlement between hospital nurses and their district health board employers - coupled with current immigration settings - adds to growing pressure in the retirement sector and if steps aren't taken people may eventually have to be turned away, says Summerset Group chief executive Julian Cook. Earlier today the New Zealand Nurses' Organisation announced nurses voted in favor of the latest pay offer from the government, staving off further strike action and bringing nearly a year of negotiation...