ACT propose to axe Jan 2 public holiday

Berl's chief economist has dismissed ACT's proposal to axe the January 2nd public holiday as pointless.
The proposal is part of ACT's small business policy, with the party saying it would help businesses absorb the cost of the Matariki Holiday introduced by the Government last year.
The policy package would also abolish Fair Pay Agreements and put a hold on minimum wage increases for three years, which the party says would improve productivity and make life easier for small businesses.
Berl chief economist Hillmaré Schulze spoke to Corin Dann.