On 08 February 2023 Prime Minister Chris Hipkins announced that the minimum wage would be increased by 7.08% (NZ$1.50) from 01 April 2023, saying that the impact on inflation would be “negligible”. “I do understand that a number of small businesses will have concerns about this decision, however in a cost of living crisis we can’t leave those on the lowest incomes behind,” Minister Hipkins stated in a press conference. The NZ1.50 increase aligns with the inflation rate of 7.2% recorded at...
New Zealand: minimum wage increase from 1 April
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