Politics

Union and Treasury clash over cost of reinstating pay equity system

A union claims reinstating the previous pay equity regime would cost $6 billion, but Treasury suggests the figure is misleading.

Skinny McBuntu

Union analysis has calculated the cost of returning to the previous pay equity system at $6 billion. Treasury has challenged this figure, suggesting it misrepresents the actual cost. New analysis indicates the true cost is substantially lower than the union's estimate.

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NZ Herald

Pay equity: Union says cost of reinstating old regime is $6b, but Treasury warns figure β€˜misleading’

New analysis shows cost of reinstating system almost half that touted by the coalition.

Read the full story at NZ Herald