NZ government to increase minimum wage to $15.75

Omkar Godbole FXStreet Contributor

The minimum wage will rise by 50 cents to $15.75 an hour on 1 April, the New Zealand government announced today.

Workplace Relations and Safety Minister Michael Woodhouse said the increase in minimum wage would benefit about 119,500 workers and will increase wages throughout the economy by $65 million per year.

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Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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