From RNZ · RNZ | Te Reo Irirangi o Aotearoa · · 1m 20s
Labour fiscal plan promises care worker pay rise
Labour pledges $2.5bn pay rise for 65,000 care workers within fiscal plan.
In brief
Labour pledges $2.5bn pay rise for 65,000 care workers within fiscal plan. Labour commits to $2.5 billion over four years for care and support workers' pay rise while maintaining existing operating allowances at $2.4 billion. Originally reported by RNZ.
Labour releases fiscal plan
Labour has released its long-awaited fiscal plan saying every election promise is paid for.
Care workers get immediate pay rise
Labour promises immediate pay rise to 65,000 care and support workers costing $2.5 billion over four years.
Operating allowances maintained
Finance spokesperson Barbara Edmonds says Labour will keep operating allowances at $2.4 billion set by coalition government in Budget 2026.
Pay equity legislation restoration
Labour confirms it will restore pay equity legislation in first 100 days with transitional rules for ongoing claims.
Unallocated fiscal headroom
Labour has $10 billion unallocated headroom to fund policies without increasing operating allowances.
Public sector cuts reversed
Labour will reverse half of first tranche public sector cuts and fully reverse second tranche cuts.
National government criticized
Labour leader Chris Hipkins says National has failed to grow economy or balance books while unemployment rises.
Fiscal plan fully costed
Edmonds states every election commitment Labour made is fully costed and fully funded with room for future responses.
The bottom line
Labour commits to $2.5 billion over four years for care and support workers' pay rise while maintaining existing operating allowances at $2.4 billion.
