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Treasury to monitor NZ-Aus wage gap

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Mon, 05 Dec 2011 5:00p.m.

(file pic)

(file pic)

The wage gap between New Zealand and Australia will be monitored by Treasury under the support agreement signed by National and ACT.

On ACT's insistence, there will be annual reports on the gap as well as on progress toward raising productivity.

After the 2008 election ACT's agreement with National created the 2025 Taskforce, which had to find ways to close the gap.

Recommendations in its first report were rejected by the government as too radical, and Prime Minister John Key canned the taskforce before it could issue a second report.

ACT hasn't got it back, but Treasury monitoring will give a clear indication of whether the gap is closing or narrowing.

That's disputed by the government and opposition parties.

Former ACT leader Don Brash says it was 35 percent in 2008 and is probably close to 40 percent now.

NZN

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Comments

08 Dec 2011 10:38p.m.

DANIAL wrote:

its funny how before 2008 this is all national wanted to talk about . the wage gap between nz and aussie , now what do we get not a dicky bird national dont want to talk about this issue any more . they promised to fix it and its go worse .but natiinal the party of personal responsibility they dont seem to take any themselves .not a word since 2008 from the nasty party.

05 Dec 2011 05:30p.m.

Bruce wrote:

In 2008 Key and National were promising to close the pay Gap between New Zealand and Australia, Now National rejects reports that show the gap is widening?.. Go Figure!. National have had three years to start closing the gap (as promised) so it stands to reason they will reject any such notion. If Nationals Loony Socialist policies are working, why do they have things to hide?