Forum Archive Index - February 2004

["LWD" <larryd@xtra.co.nz>]

Mixtrader

Labour will not listen let alone make allowances for employer positions. I will never bother to repeat wasting time on submissions or approaching Politicians over the hammering of employers. I am currently completing an arrangement to contract out the hassles of employing staff. Whilst moving the problem to a more energetic punter, I expect to have slightly higher overall costs (contractors margin) but I unwillingly lose direct contact with 32 staff of whom are 95% loyal and dedicated in a service industry similar to Woody's new venture.

Lazza 

----- Original Message -----

From: mixtrader

To: sharechat@sharechat.co.nz

Sent: 02 February, 2004 14:54 p.m.

Subject: [sharechat] Employment Relations Amendment Bill

Hi Sharechatters

 

Following on from the discussion on risk...

 

I am keen to know your views on the impact of the legislative changes proposed by Ms Wilson with particular reference to the risk it poses the economy in general and (more specifically) the risk it poses the NZ equities markets.

 

For the record, my own analysis is that it will increase business compliance costs, decrease worker productivity, decrease GDP per capita, increase problems in the labour market through increased activism, and limit the willingness of entrepreneurial people to embark on new undertakings or expansion of existing businesses.

 

My thoughts are that the fundamentalists among us might view some industries as being inherently more risky for investment which could lead to something of a shift in the firms that they are prepared to invest in.