The minimum wage has been increased from $12.75 an hour to $13. The new rate comes into effect on 1 April 2011.
The National-led Government is working hard to lift the long-term performance of the economy. We’re committed to creating and protecting jobs while ensuring a fair wage. Since being elected, National has raised the minimum wage by $1 – this is $40 a week.
The 25-cent-an-hour increase, along with tax cuts last year, means workers still have the buying power of their wages. Taking a careful and balanced approach has helped prevent workers being priced out of the market.
We want New Zealanders to earn more, but legislation is not a long-term solution. Good economic policy, good infrastructure, good skills, a good tax system, low levels of debt, and an outward facing economy are what will lift people off the minimum wage.
More information: http://www.http://www.beehive.govt.nz/release/minimum-wage-increased-13
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