INDEPENDENT NEWS

Real wages go backwards for next two years

Published: Fri 27 May 2016 11:42 AM
Andrew Little
Leader of the Opposition
MEDIA STATEMENT
27 May 2016
Real wages go backwards for next two years
New Zealanders’ real wages will fall for the next two years as the cost of living outpaces forecast pay rises, says Leader of the Opposition Andrew Little.
“New Zealanders have been doing it tough for far too long. They expect to get a real pay rise after years of belt tightening. National is going to have to look middle New Zealand in the eye and tell them that’s not going to happen.
“The Budget projections show that real wages will actually fall in 2017 and 2018 as wage growth will be outpaced by inflation.
“Most New Zealanders believe that if you work hard you will get a fair share of the rewards. Under National that’s not going to happen. Kiwis are going backwards.
“This Government is focused on those at the top while most New Zealand families miss out. We need a real plan that will deliver higher wages for middle New Zealand,” says Andrew Little.
ends

Next in New Zealand politics

New Lab To Help Protect Key Pacific Tuna Fisheries
By: New Zealand Government
Ruawai Leader Slams Kaipara Council In Battle Over $400k Property
By: Susan Botting - Local Democracy Reporter
Another ‘Stolen Generation’ Enabled By Court Ruling On Waitangi Tribunal Summons
By: Te Pati Maori
Die In for Palestine Marks ANZAC day
By: Peace Action Wellington
Penny Drops – But What About Seymour And Peters?
By: New Zealand Labour Party
PM Announces Changes To Portfolios
By: New Zealand Government
View as: DESKTOP | MOBILE © Scoop Media