No surprises and the Fair Pay Agreements slapdown

No surprises and the Fair Pay Agreements slapdown
BusinessNZ ceo Kirk Hope's move to end involvement in FPAs is no surprise, but could be a sign of the end of playing nice with the govt.(Image: YouTube)
Pattrick Smellie
In the first term of the Ardern-led government, New Zealand First’s opposition to Labour’s Fair Pay Agreements (FPA) policy was the reason the policy didn’t advance.At the Council of Trade Union’s (CTU) conference in 2019, council president Richard Wagstaff likened the patience required of the union movement in its dealings with a supposedly friendly government to "having to swallow more vomit".Throughout that period, the country’s main business lobby group – BusinessNZ – had no need to articu...

More Economy

NZ dollar at 11-week low on pending rate cuts, Biden's exit
Economy

NZ dollar at 11-week low on pending rate cuts, Biden's exit

The kiwi was trading below 60 US cents late Monday in Wellington. 

Rabobank a tad more hawkish after inflation data
Economy

Rabobank a tad more hawkish after inflation data

Market pricing points to October as the most likely timing for a rate cut. 

Rebecca Howard 19 Jul 2024