Forum Archive Index - February 2004

["Russell" <allanrussell90@hotmail.com>]

Dont worry, it will be "bussiness as usuall" when it all beds down. The
mineing industry was going to suffer if children had to go to school and
were not allowed to work seams to narrow for adults.
In my life time, the cry went out, the country cannot afford to give workers
3 weeks holiday a year, now we are looking at 4.
Change is the only constant thing, we all get used to it and its then "back
to bussiness as usuall" this time its no different.
Allan.
----- Original Message ----- 
From: mixtrader
To: sharechat@sharechat.co.nz
Sent: Monday, February 02, 2004 2:54 PM
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.

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