Just when the economy is going gang busters along come the unions with their bludging, grubby hands out.
The latest figures show gross domestic product (GDP) grew 0.9 percent in the June quarter, taking annual growth to 3.6 percent.
Driven by housing, strong demand for exports and immigration, New Zealand now has the third highest growth rate in the OECD.
However, how much of the increased growth is getting through to workers?
ANZ chief economist Cameron Bagrie says any growth flows into the economy and eventually into wages.
“If we continue to see unemployment track down, wages will start to move up and people will start to get ahead.
“We’re seeing real wage growth at the moment of 1.5 percent, but I’m expecting that to grow to 2.5 percent over the next 24 months.”
However, critics say we’re relying on immigration and on a per person basis New Zealand’s hardly growing at all.
“The biggest disappointment is the fact that it’s driven by population growth rather than by increasing the quality of what we are doing. Our productivity growth is probably going backwards,” says CTU economist Bill Rosenberg.