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Date: 28/08/08 
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Inflation

Retail Prices Index

June 4.6%
May 4.3%
April 4.2%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to May 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.0%


Source:
Office of National Statistics

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20-Feb-08 10:10 [Asia Pacific]
Doctors to make decision over strike action
Senior doctors in New Zealand are set to make a decision on strike action over pay and employee reward tomorrow.

The senior doctors' union, Association of Salaried Medical Specialists (ASMS), and the district health board employers have been locked in talks for the past 19 months and it appears the issue is now likely to come to a conclusion.

A final decision on the strike action will be made tomorrow and if it does go ahead, 2,800 could walk out of their jobs in late April.

Ian Powell, the ASMS executive director, told NZPA that regardless of what industrial action is taken, emergency cases will still be looked after.

He also described the latest pay offer from the district health board employers as "inadequate".

It is thought that the doctors want a pay increase of ten per cent over the next two years.

The ASMS is a professional union for salaried doctors and dentists in New Zealand.




Final salary benefit pension schemes are to see a greater fall soon, with a growth in scheme closures to existing members as large employers look to lose their remaining liability, it has been revealed. Find out more>
27-Aug-08 [Europe, Middle East and Africa]
European pension timebomb 'is ticking'
By 2060, there will be only two people of working age for each person over 65, putting huge strains on the EU pension economy, it has emerged. Find out more>
27-Aug-08 [Europe, Middle East and Africa]
Latvian pension reform fails to be passed
A referendum held by the Latvian government has failed in its attempt to raise the national old age pension rate, it was reported. Find out more>

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