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NZ minimum wage set to increase to $23.15 from 1 April
The minimum wage will increase by 2 percent, from $22.70 to $23.15, from 1 April. Training wages and starting wages will remain at 80 percent of the minimum wage rate, thereby increasing to $18.52. In a statement making the announcement, Workplace Relations and Safety Minister Brooke van Velden said given economic headwinds with a softening labour market and high net migration, a cautious approach was required to raising the minimum wage. "An increase to $23.15 will benefit between 80,000 and 145,000 workers and will give our lowest paid workers more money in their pockets, without hindering job growth or ... (full story)