Posted on: Dec 21, 2018
21 December 2018: The Government have confirmed that the minimum wage will increase by $1.20 to $17.70 per hour from 1 April 2019. In addition, the starting-out and training wage will stay at 80% of the adult minimum wage, thereby increasing to $14.16 per hour from 1 April 2019.
The Government have estimated that this will positively impact on approximately 209,200 workers and their families, however, BusinessNZ have raised concerns about the significant impact the increase will have on businesses, who are unable to pass on the additional costs.
This increase is in line with the coalition agreement that New Zealand First made with Labour to reach a minimum wage of $20.00 per hour by 2021. This is just the first of three significant increases, with a further proposed minimum wage increaseto $18.90 per hour in 2020 and to $20.00 per hour by 2021.
This article, and any information contained on our website is necessarily brief and general in nature, and should not be substituted for professional advice. You should always seek professional advice before taking any action in relation to the matters addressed.