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- #1,461
An hour or year of your time is no different in NZ or Australia. The difference is the size, scale and productivity of the businesses that pay the wages.Bingo.
The poverty levels in NZ are insane. When I left like 15 years ago, after bills,I had more disposable income left in my bank account from my first Aus paycheck than I got paid total in NZ.
I was getting paid over $60K as a private in the army with very little outgoings. The kiwi mind just cant comprehend such a thing.
So should NZ just up the wages (minimum wahlge, etc)
Or should NZ upgrade the size, scale and productivity of business?
If you push wages higher without building strong businesses everything imploded.