The Government must not become complacent about a fall in the unemployment rate given the Reserve Bank Governor’s warning of increasing global uncertainty in 2016 and a plunge in dairy prices yet again, says Labour’s Finance spokesperson Grant Robertson.
“This year has started off in a volatile fashion with stock markets diving, the global dairy price continuing to slide and Fonterra’s forecast milk payout again dropping to well below break-even point for farmers.
National's lack-lustre approach to workplace deaths in the agriculture sector seems to be rubbing off on its workplace safety regulator Worksafe, Labour’s Workplace Safety spokesperson Sue Moroney says.
“Worksafe board chair has informed a parliamentary select committee it is reluctant to take prosecutions against farmers for workplace deaths on their farms.
Labour has urged Talley’s to resolve the ongoing industrial dispute with AFFCO workers which is having a severe effect on the employees, their families and their communities, Labour’s Workplace Relations spokesperson Iain Lees-Galloway says.
“Opposition Leader Andrew Little and I have written to Sir Peter and Michael Talley to express our concern about the 170 Wairoa workers who have been locked out of their workplace since last September.
National must take urgent action to diversify the economy after Fonterra slashed its forecast milk solids payout in a move that will cost farmers tens of thousands of dollars this year, says Labour’s Finance spokesperson Grant Robertson.
“The sudden drop in forecast milk solids payout from $4.60 to $4.15 is terrible news for farmers and the regions they support.
Fitch ratings agency’s warnings of the worsening economic outlook is yet another signal that National needs to diversify the economy and take action to prepare New Zealand for a volatile year ahead, says Labour’s Finance spokesperson Grant Robertson.
“It hasn’t been a good start to the year for the economy. Dairy prices are sliding again, international markets have plunged and the Government’s books are heavily in the red.
Internationally renowned economists and authors Robert Reich and Guy Standing will be the keynote speakers at Labour’s Future of Work Conference in Auckland in March.
Robert Reich is a world renowned economist and former Secretary for Labour in the Bill Clinton administration. Professor Guy Standing is well known for his bestselling book The Precariat about the problems generated by uncertain work conditions.
It’s time the Government ended the confusion around casual employment agreements, Labour’s Workplace Relations and Safety spokesperson Iain Lees-Galloway says.
“Bay of Plenty District Health Board has been ordered to pay $7,500 to an employee who was inappropriately employed on a casual agreement. The determination of the Employment Relations Authority makes it clear that Wendy Rahiri was in fact a permanent part-time employee.
The lowest inflation since last century combined with rising unemployment and turbulent global markets is making a farce of monetary policy, says Labour’s Finance spokesperson Grant Robertson.
“New Zealand’s monetary policy is outdated and not fit to handle significant changes in the economy. This year is off to a volatile start already with markets plunging across the globe and major investor uncertainty. It’s important that we have up-to-date tools to handle it.
Global dairy prices have fallen for the second time in a row and with whole milk powder down 23 per cent since October, the worrying start to the year continues, says Labour’s Finance spokesperson Grant Robertson.
“The global economy has had a volatile start to 2016, with markets plunging, declining confidence in China’s economy and commodity prices on the slide. New Zealand isn’t insulated from this, especially with our over-reliance on dairy.
In the face of recent turmoil in the financial markets and a forecast increase in unemployment, National must work with business to keep up the positive economic confidence from the end of last year, says Labour’s Economic Development spokesperson David Clark.
“The optimism coming out of the December quarter surveys is good to see. It’s vital that employers have the enthusiasm to hire in the new year after a difficult 2015 and to counter Treasury’s predictions that unemployment will rise to 6.5% in the first half of the year.