Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Minimum Wage increases this weekend


Hon Iain Lees-Galloway

Minister for Workplace Relations and Safety

28 March 2018

Minimum Wage increases this weekend

Around 164,000 Kiwi workers and their families will be better off following the increase in the Minimum Wage that takes effect from 1 April, says Workplace Relations and Safety Minister Iain Lees-Galloway.

“The Government is committed to improving the wages and conditions for working New Zealanders, and we are making good on our commitment with this increase in the minimum wage by 75 cents to $16.50 per hour on 1 April.

“The rise in the minimum wage is estimated to inject $129 million into the economy through the wages of low income workers, circulating back into the economy because people on lower incomes are more likely to spend their wages on essential items like doctor’s visits, keeping on top of bills, buying more healthy food – things that far too many Kiwis struggle to afford.

“The best time to raise the minimum wage is while the labour market is strong and tightening. Now is that time: Government forecasts unemployment will keep falling towards 4 per cent over the next three years, while average wages will rise about 3 per cent a year over that time due to a tight labour market.

“In announcing this move in December last year we have signalled clearly to employers our plans to incrementally raise the minimum wage and spread the increases as evenly as possible each year, taking economic conditions into account, on our pathway toward a $20 p/h minimum wage by 2021.

“This consistency minimises potential negative effects of increasing the minimum wage too sharply.

“The starting-out rate and training wage will continue to be at 80 per cent of the minimum wage, increasing to $13.20 per hour.

“Raising the minimum wage is part of this Government’s ambitious agenda to improve pay and conditions for Kiwi workers, and ensuring those on lower incomes get to share in our economic prosperity,” says Iain Lees-Galloway.

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Getting Auckland Moving: $28Bn Investment Over Ten Years In Auckland Transport

The Government and Auckland Council will embark on New Zealand’s largest ever civil construction programme to create a 21st century transport network, Minister of Transport Phil Twyford and Auckland Mayor Phil Goff said today.

“Together, we will invest $28 billion over the next decade to unlock Auckland’s potential. We will be building vital projects including light rail, Penlink and Mill Rd, heavy rail and bus upgrades, safety improvements, and more dedicated cycle lanes,” says Phil Twyford.

“These much-needed investments are made possible by a $4.4 billion funding boost resulting from the Auckland fuel tax, increased revenue the National Land Transport Fund, and Crown Infrastructure Partners contributions. More>>

 

HiveMind: Fair Enough? How Should New Zealanders Be Taxed?

Have Your Say - Scoop and PEP invite you to share your issues, ideas and perspectives on the NZ tax system with other New Zealanders using Scoop’s HiveMind tool. This Tax HiveMind is intended to complement and feed into the review being run by the Government-appointed Tax Working Group (TWG), which is looking at the fairness, balance and structure of the tax system with a 10-year time horizon. More>>

ALSO:

Gordon Campbell: On Thompson + Clark & Russia’s World Cup

Daily, the coalition government keeps running into examples of the toxic legacy left behind by National – and just as regularly, even the simple fixes are proving stubbornly difficult to enact. Take the case of the security firm Thompson + Clark ... More>>

ALSO:

Gordon Campbell: On The GCSB’s Security Hang-Up With Russia

So our GCSB has chimed in, alongside its British, Australian and US allies, with warnings about a “fresh wave” of Russian cyber attacks, although the warning has been curiously framed. More>>

ALSO:

PM's Europe Trip: CHOGM & Bilateral Meetings

Prime Minister Jacinda Ardern is in Europe for the Commonwealth Heads of Government Meeting (CHOGM) in London and meetings with counterparts in Paris and Berlin. More>>

ALSO:


Addressing Climate Change: No New Offshore Exploration Permits

The Coalition Government is taking an important step to address climate change and create a clean, green and sustainable future for New Zealand, Prime Minister Jacinda Ardern announced today. More>>

ALSO:

Road Safety Summit: Actions To Improve Identified

The Local Government Road Safety Summit held last week identified actions that will lead to lasting changes to road safety in New Zealand, says Associate Transport Minister Julie Anne Genter. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages