Parliament

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

 

Largest increase to minimum wage since 1999

18 December 2006

Largest increase to minimum wage since 1999

Workers earning the minimum wage will receive a 9.8% pay rise from April 2007, Labour Minister Ruth Dyson announced today.

The minimum adult wage, which applies to people 18 years and over, will increase from $10.25 to $11.25 an hour ($450 for a 40 hour week) from 1 April 2007 - the largest increase since the Labour-led government came into office in 1999.

The minimum youth rate – for workers aged 16 and 17 years – will increase from $8.20 an hour to $9.00 an hour, to stay at 80% of the adult minimum wage. The minimum training wage will increase to the same rate

“The boost in the minimum wage will ensure that lower paid workers share the benefits of economic growth, encourage people to join the workforce and provide protection for some of New Zealand’s most vulnerable workers,” Ruth Dyson said.

“ An increase to $11.25/$9.00 will benefit around 110,000 adult workers, most of whom are women, and around 9,200 youth workers. It can be made with confidence in the current economic and labour market conditions, without being at the expense of jobs. "

“With four months till the changes come into effect, businesses will have time to prepare. The date of 1 April was chosen to reduce compliance costs for businesses as it will coincide with the implementation date of four weeks’ annual holidays.”

The Minister of Labour reviews minimum wage rates annually for adults, youth and trainees, seeking submissions from a wide range of organisations, including employer, union, Pacific, Maori and women’s groups.

Ruth Dyson said the Labour-led government’s goal is for the adult minimum wage to reach $12 an hour by the end of 2008, if economic conditions permit.

Changes to minimum wages are part of a wider mix of approaches from the Labour-led government to support higher quality working lives and productive workplaces. These approaches include workplace productivity, work-life balance, Working For Families, initiatives around labour and skills shortages, and the promotion of pay and employment equity.

For more information, employers and employees can contact the Department of Labour at www.ers.dol.govt.nz or free phone 0800 20 90 20.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Local Responses To The Global Problems Of Inflation


In the United Kingdom, inflation is running at its highest rate in 30 years. In the US, inflation hit 7% during 2021. You wouldn’t want to be in Estonia, where inflation has just hit 12%. Across the Eurozone – the measurement methods vary – inflation is averaging out at 5%. In Canada, inflation is running at its highest level in 30 years. Inflation is not simply a problem afflicting developed countries. In a developing country like Brazil inflation is running at its highest level in seven years...
More>>



 
 

Government: Building And Shaping A City: Future-proofing Auckland Transport Infrastructure
The Government is bringing Auckland’s transport infrastructure into the future by moving forward with an additional Waitematā Harbour crossing, progressing light rail from Auckland’s CBD to the airport, and creating a linked-up rapid transport network as part of a 30-year plan... More>>

The Treasury: Financial Statements Of The Government Of NZ For The 5 Months Ended 30 November 2021
Interim Financial Statements of the Government of New Zealand for the 5 months ended 30 November 2021... More>>

ALSO:


Government: Announces Three Phase Public Health Response To Omicron
The Government has announced a three phase Omicron plan that aims to slow down and limit the spread of an outbreak, Associate Minister of Health, Dr Ayesha Verrall announced today. “Through the course of managing Omicron, we will be taking a phased approach. As case numbers grow both testing and isolation approaches will change in response... More>>



Ministry Of Transport: Have Your Say On The Future Of Road User Charges
Te Manatū Waka Ministry of Transport is inviting New Zealanders to submit their views on improving the Road User Charges system, says Secretary for Transport, Peter Mersi... More>>


TradeMe: New Zealand Rents Climb $40 Per Week In One Year

New Zealand’s national median rent climbed $40 a week in 2021 to reach $560 in December, according to Trade Me’s latest Rental Price Index. Trade Me Property Sales Director Gavin Lloyd said last month’s national median weekly rent showed an 8 per cent annual increase... More>>


Transparency International: New Zealand Retains Top Ranking In Annual Corruption Perceptions Index
New Zealand is once again ranked least corrupt in the world by Transparency International’s annual Corruption Perceptions Index. This year New Zealand’s score of 88 out of 100 is unchanged resulting in it being first equal with Denmark and Finland... More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels