Employer Bulletin | 21 January
The adult minimum wage rate will increase by 1.5% to $23.50 an hour from 1 April 2025, Workplace Relations and Safety Minister Brooke van Velden announced.
This minimum wage increase meets the NZ First-National coalition commitment to moderate increases to the minimum wage every year. Cabinet’s decision reflects the current economic climate and labour market conditions.
“The New Zealand economy is still recovering from a sustained period of high interest rates and recessionary conditions. In that context, delivering a modest increase in the minimum wage strikes the right balance between supporting workers and limiting further costs on business.
“This increase also reflects the significant progress the Government has now made on inflation, which has now returned to the Reserve Bank’s target band for the first time in more than three years.”
In today’s Bulletin:
- Forfeiture provision found to be unenforceable
- Unilateral health monitoring changes to collective agreement found to be unlawful
- Authority orders reinstatement following flawed investigation process
- Authority determines employment ending was not abandonment
- Signatory to employment agreement found not to be the true employer
- Seven news updates of interest for employers including: Minimum wage set for 2025; Reforms to Accredited Employer Work Visa announced; Business confidence highest since 2021; Employment indicators: November 2024; PM appoints business leader to APEC Business Advisory Council; Trade and investment agreements signed with United Arab Emirates; and Ecostore commits $323k to ‘cultural shift’ in safety
- Sixteen bills open for submission
If you have any questions, about this case or other employment relation matters, call the Advice Line team on 0800 800 362.
Please note that AdviceLine will be open on Auckland anniversary (Monday 27 January) until 5pm.
