The Reserve Bank is forecasting a year of recession and higher unemployment, which is bad news for workers, said CTU Economist Craig Renney. “In cutting… Read More »Reserve Bank Forecasts a year of recession and higher unemployment
New data shows the unemployment rate accelerating to 4.6%, and worrying labour market trends that should spur the Government into action, according to the NZCTU… Read More »Unemployment increase demands a plan from Government
Data released by Statistics New Zealand today shows that annual inflation was 3.3%, falling from by nearly half from a year ago (6% – June… Read More »Inflation data shows cost-of-living challenges continue
The NZCTU Te Kauae Kaimahi is deeply disappointed by confirmation of the Public Service Commission that the Pay Equity Taskforce will be disestablished. “The disestablishment… Read More »Axing of Pay Equity Taskforce will entrench inequities for working women
Data today released by Statistics New Zealand shows that the economy grew by just 0.2% annually, showing stalled growth and weak demand. There has now… Read More »GDP data camouflages economic weakness
NZCTU Economist Craig Renney said new data released by Statistics New Zealand shows the need for Government to act now, with unemployment rising from 3.4%… Read More »Unemployment data shows need for the Government to act now
This submission to the Finance and Expenditure Committee highlights issues with the 2024 Budget Policy Statement. Under the Public Finance Act 1989, the Budget Policy… Read More »Submission on the Budget Policy Statement 2024
This submission to the Ministry of Foreign Affairs and Trade identifies aspects of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) that need to… Read More »Submission on the General Review of the CPTPP
Data today shows headline CPI inflation at 4%, continuing the fall begun in March 2023. Rises are concentrated in particular sectors – especially services. This… Read More »Inflation data shows need for a plan on climate and population
Today a delegation from the union movement delivered a petition of nearly 9,000 people calling on the Government to commit to annual minimum wage increases… Read More »Unions deliver MPs petition to stop real terms cuts to the minimum wage
The Government has released its Budget Policy Statement today, showing worsening economic forecasts with inflation falling more quickly than expected, caused by unemployment rising and… Read More »Budget Policy Statement still missing in action
The Government should reconsider the delivery of their tax plan, as costs continue to escalate, said CTU Economist Craig Renney. “Our analysis, using the latest… Read More »More questions for the Government’s tax changes as costs grow