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The Act Party has backtracked on its promise to lower the minimum wage, promising instead to freeze it for three years.
He also wants to reduce the GST to 10 percent for a year, recover 90-day judgments, accelerate asset depreciation, invest money in apprenticeships, and speed up immigration for skilled workers.
This afternoon, the party unveiled its small business policy and said that seven of its top 10 candidates were business owners, so it understood the pressures they were facing.
As part of your small and medium-sized enterprise (SME) package:
• Put a three-year moratorium on increasing the minimum wage.
• Reset 90-day trials for all companies.
• Streamline the process of personal complaints from employees.
The law’s previous policy was to lower the minimum wage after it was raised to $ 18.90 in April, but it has now vowed to freeze it for three years.
“Raising the minimum wage while the economy is in recession will put a brake on business growth and the creation of new jobs,” said Chris Baillie, law spokesman for SMEs.
“It’s the last thing we need while we’re in a recession.”
He said reinstating the 90-day tests would reduce the risk for employers and allow them to take risks with workers, creating more jobs.
“Young or low-skilled workers, or people who have been out of work, stand to gain the most from probation.”
The law would also seek to ensure that employees were “accountable for their actions” under the Occupational Safety and Health Act “rather than putting all responsibility on the employer.”
In addition, Act wants:
• A streamlined personal complaints process with more free or inexpensive advice for SME owners on responsibilities under the Employment Act.
• Direct a greater part of the financing of apprenticeships to companies.
• Prioritize and expedite the immigration process for skilled workers.
• Transfer NZ Trade and Enterprise to the Ministry of Foreign Affairs and Trade.
Baillie said the Act believes New Zealand should choose a high growth, low debt and low tax strategy led by private companies to overcome the consequences of Covid-19.
