May 27, 2020
Survey finds Māori vulnerable to economic shock


The Māori Party is calling for a doubling of core benefits and an increase in the minimum wage to address the economic impact of COVID-19.
Co-leader Debbie Ngarewa Packer says it’s in response to a Commission for Financial Capability survey done in the last two weeks of April that found a third of households are struggling to pay their bills.
Worst affected were Māori, Pacific peoples and young people.
She says the Government need to the minimum wage up to the living wage and invest in creating secure, well-paid jobs.
The survey was part of an international study in eight countries, and it found Aotearoa fared worse in terms of financial vulnerability because of low levels of household savings, low social welfare benefits, and a high level of insecure employment, especially in sectors like construction, food services, agriculture and accommodation
Copyright © 2020, UMA Broadcasting Ltd: www.waateanews.com