Biggest increase in the history of the minimum wage

Chris Lynch
Chris Lynch
Mar 31, 2023 |

The biggest increase in the history of the minimum wage will have a huge impact on workers with low wages, says the New Zealand Council of Trade Unions.

From tomorrow, the minimum wage will rise to $22.70, up from $21.20, affecting 223,000 people.

NZCTU President Richard Wagstaff said a worker on 40 hours a week would benefit by $3,078 a year – or $59 a week. 

“The minimum wage has increased around the same rate as inflation at 7%. This will mean our lowest income families and communities will be better protected from the cost-of-living crisis.”

Wagstaff said raising the minimum wage was a far more effective policy than cutting taxes.

“This increase is 27 times more than a minimum wage worker would get from National’s proposed tax cut of $2.15 a week.”

“This is simply good policy. We have huge numbers of working poor in New Zealand whose lives will be made easier by this change” he said.

Chris Lynch
Chris Lynch

Chris Lynch is a journalist, videographer and content producer, broadcasting from his independent news and production company in Christchurch, New Zealand. If you have a news tip or are interested in video content, email [email protected]

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