Official figures from StatsNZ released todayshow that our economy is working better for New Zealanders with further stronggrowth of 0.7 percent in the last quarter “this is more good news forworking people,” said CTU President Richard Wagstaff
“It’s good news because we now havepoliticians committed to sharing this growth, rather than just focusing on thewealthy few”.
“Things are better for working peoplewithin this positive economic environment. More people in work, lowunemployment rates and the best wage rise figures in over a decade beingproduced. The economy is doing what it should – serving people.”
“We have seen strong pay rises over thelast year which has translated to strong retail and household spending. Theannouncement of the $1.20 rise in the minimum wage yesterday and good pay risesthrough collective bargaining will add to this momentum.”
“To make this movement sustained, and tospread the benefits more widely it is important to get Fair Pay Agreements upand running as soon as possible,” Wagstaff said.