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Minimum Wage Act 1983: [13] sets out the legal framework for New Zealand Employees to receive a minimum wage. Minimum Wage Order 2022: [ 14 ] sets out the current minimum wage rates for employees, for the 2022 financial year.
Allocating NZ$27.3m to end the minimum wage exemption, which allows disabled people to be paid at rates lower than the minimum wage. [1] Investing NZ$20m to boost Covid-19 immunisation and screening coverage for Māori and Pasifika New Zealanders. [1]
There are three types of the minimum wage depending on the stage of worker: adult worker, starting out, or trainee/apprentice. [33] The minimum wage rates are reviewed every year and are gross amounts before tax. Since 1 April 2023, the adult minimum wage rate that applies to most employees aged 16 or over has been $22.70 an hour. [34]
General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
The minimum wage is increased from $22.70 to $23.15 an hour. [100] Pharmacies become permitted to vaccinate children under the age of five. [101] 4 April – The New Zealand Government announces that local councils will have to hold referendums on Māori wards and constituencies. [102]
Investing NZ$13.2 billion over the next four years including NZ$11.1 billion to cover cost pressures and NZ$2.1 billion to establish the new Health New Zealand and Māori Health Authority, which would replace the current District Health Board system. [6] Investing NZ$1.8 billion to cover the District Health Boards' existing deficits. [6]
Goods and services tax (GST) is an indirect tax introduced in New Zealand in 1986. This represented a major change in New Zealand taxation policy as until this point almost all revenue had been raised via direct taxes. GST makes up 24% of the New Zealand Government's core revenue as of 2013. [37]
If there is no objection, the new minimum wage will then take effect from January 1. The minimum wage committee decided to raise the minimum wage in 2018 by 16.4% from the previous year to 7,530 won (US$7.03) per hour. This is the largest increase since 2001 when it was increased by 16.8%.