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AMP gets living wage accreditation

AMP has become the first financial services provider to be accredited as a living wage-paying employer.   

Thursday, October 18th 2018, 9:33AM

Annie Newman, convenor of Living Wage Movement Aotearoa NZ said she was encouraged by AMP’s commitment.

“The accreditation of such a major corporate, and the first financial institution is a great sign for the future of New Zealand. We hope AMP’s example will have a cascade effect and other companies will do the same.”

AMP managing director Blair Vernon said, as well as having a responsibility to their employees, businesses had a duty to set high standards for other employers to aspire toward.

"The gap between the quality of life that many New Zealanders want and deserve and the one they have or can afford is growing, particularly in retirement where many can only manage to afford the absolute basics. That’s not the New Zealand we want and collectively businesses must take action to make a positive difference.

“We believe all New Zealanders should be empowered to live with dignity and be able to realise the benefits of working hard, which is why we’re proud to be part of the Living Wage Aotearoa movement and to support the great work they do to focus attention on this critical issue. I encourage other businesses to do the same and together we can do more to improve outcomes for all New Zealanders."

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Lender Flt 1yr 2yr 3yr
ANZ 5.79 ▼4.45 ▼4.79 4.99
ANZ Special - ▼3.95 ▼4.29 4.49
ASB Bank 5.80 ▼4.44 4.69 ▲4.89
ASB Bank Special - ▼3.95 4.29 ▲4.49
BNZ - Mortgage One 6.50 - - -
BNZ - Rapid Repay 5.95 - - -
BNZ - Special - 4.15 ▼3.99 4.49
BNZ - Std, FlyBuys 5.90 4.69 4.79 4.99
BNZ - TotalMoney 5.90 - - -
Credit Union Auckland 6.70 - - -
Credit Union Baywide 6.15 5.20 5.25 -
Lender Flt 1yr 2yr 3yr
Credit Union North 6.45 - - -
Credit Union South 6.45 - - -
Finance Direct - - - -
First Credit Union 5.85 - - -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.70 4.85 -
Housing NZ Corp 5.80 4.69 4.79 4.79
HSBC Premier 5.89 3.99 4.19 4.69
HSBC Premier LVR > 80% - 3.85 - -
HSBC Special - - - -
Lender Flt 1yr 2yr 3yr
ICBC 5.80 4.59 4.69 5.09
Kiwibank 5.80 4.55 4.69 4.99
Kiwibank - Capped - - - -
Kiwibank - Offset 5.80 - - -
Kiwibank Special - 4.05 4.19 4.49
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 5.10 5.45 -
Resimac 5.30 4.86 4.94 5.30
RESIMAC Special - - - -
SBS Bank 5.89 4.85 5.05 4.49
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 4.19 3.95 4.49
Sovereign 5.90 ▼4.45 4.69 ▲4.89
Sovereign Special - ▼3.95 4.29 ▲4.49
The Co-operative Bank - Owner Occ 5.75 ▼4.10 4.35 4.49
The Co-operative Bank - Standard 5.75 ▼4.60 4.85 4.99
TSB Bank 5.80 ▼4.45 4.69 4.99
TSB Special - ▼3.95 4.19 4.49
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.95 4.69 4.79 5.19
Westpac - Offset 5.95 - - -
Westpac Special - ▼3.95 4.29 4.49
Median 5.89 4.45 4.69 4.79

Last updated: 15 November 2018 10:05am

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