Freeze holding pay levels
PA Wellington New Zealand pay packets are officially holding at pre-wage-freeze levels. The Statistics Department has produced a row of zeros in looking for wage adjustments between the September and December quarters of last year. For the year ended December the index of nomi nal weekly wage rates rose 4.6 per cent, compared with 17.4 per cent the previous year, the department reported yesterday. Based on rates within the jurisdiction of the Arbitra-
tion Court, which generally relates to the private sector, the department said that private sector rates rose 7.1 per cent while public sector rates increased only 0 i per cent. But for the quarter ended December, which the department said reflected the first full period of the wage freeze, imposed on June 22, there was no increase at all. The department said that all these figures were still open to revision if retrospective increases to wages and salaries covering the period were negotiated soon.
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Press, 10 February 1983, Page 3
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161Freeze holding pay levels Press, 10 February 1983, Page 3
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