What should fair pay look like?

A new report from the New Zealand Initiative suggests small numbers of employees can hold the greater workforce to ransom through collective bargaining.  Its "Work in Progress" report flies in the face of Jim Bolger's Fair Pay Agreement, suggesting instead collectively bargained employment could cost jobs and harm productivity.  Kathryn Ryan speaks with one of the report authors Dr Bryce Wilkinson and BERL economist Ganesh Nana.