{"id":579293,"date":"2026-08-24T23:56:17","date_gmt":"2026-08-24T23:56:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/579293\/"},"modified":"2026-08-24T23:56:17","modified_gmt":"2026-08-24T23:56:17","slug":"psa-scrapping-pay-equity-cost-new-zealand-13-5-billion-in-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/579293\/","title":{"rendered":"PSA: Scrapping pay equity cost New Zealand $13.5 billion in growth"},"content":{"rendered":"<p>The New Zealand government&#8217;s decision to cancel pay equity claims in May 2025 cost the country 13,000 jobs and $13.5 billion in economic growth, according to a new analysis from the Public Service Association (PSA).<\/p>\n<p>The PSA&#8217;s analysis was based on the Treasury&#8217;s own MATAI macro-economic model, which the union said shows that reinstating pay equity settlements would grow GDP by 0.6% over four years and generate an additional $5 billion in tax revenue.\u00a0<\/p>\n<p>&#8220;Our analysis shows the Government had a genuine opportunity to grow the economy, create jobs, and boost tax revenue by continuing with pay equity settlements, and it walked away from it,&#8221; said Fleur Fitzsimons, national secretary of the PSA.<\/p>\n","protected":false},"excerpt":{"rendered":"The New Zealand government&#8217;s decision to cancel pay equity claims in May 2025 cost the country 13,000 jobs&hellip;\n","protected":false},"author":2,"featured_media":579294,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[285382,1144,111,43,139,69,285381],"class_list":["post-579293","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-equal-pay-bill","tag-human-resources","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-pay-equity-claims"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/579293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=579293"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/579293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/579294"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=579293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=579293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=579293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}