Where has all the union money gone?

Looking deeply into union financing it appears that something strange is happening with money. And there is vast, vast amounts of it.

Just looking at three Unions, the Meatworkers, Andrew Little’s EPMU and the Dairy Workers they have taken a colossal amount of money each year. The rough numbers are:

Meatworkers Union: 23,000 members, approximately $5m per annum

Dairy Workers: 6,000 members paying 0.6% of their pay so likely to be between $2-3m per annum

EPMU: 43,000 members, $7.50 pw for full time workers, $3.65 per week for part time workers, somewhere between $10 -$15m depending on the full and part time split.

So each year these three unions, and it is only three of many, took between $17m and $20m dollars. Over a decade they have taken about $150m- $200m.

$150m is serious money. Especially when unions are making losses. Where has it all gone?

The Financial Markets Authority investigates finance companies and public companies who burn off vast amounts of investor capital, but who looks into the unions? Lawyers have the Law Society, Accountants have the NZ Institute of Chartered Accountants, they are professional bodies but are responsible for professional standards. Real Estate Agents are controlled by the Real Estate Agent Authority…surely there needs to be a Unions Authority considering the huge amounts of money involved.


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story.  And when he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet.   Cam Slater doesn’t do quiet, and as a result he is a polarising, controversial but highly effective journalist that takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him.  But you can’t ignore him.

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