Bar set too high for new work visas, says industry

Bar set too high for new work visas, says industry
Sectors such as hospitality and aged care say the new visa requirement will worsen an existing workforce crisis (Image: Getty Images)
Jem Traylen
Sectors including hospitality and aged care are voicing grave concerns over a new work visa rule which will require migrant workers to be paid at least the median wage.They say they are already experiencing a workforce crisis and want the government to create a transition plan for the new immigration settings.From July 4, most work visas will be replaced by the accredited employer work visa (AEWV) which will require applicants to be paid at or above the median wage of $27.76 per hour, almost 31% more than the minimum wage which of $21.20. On a...

More Economy

Rise in liquidations compounded by IRD crackdown
Economy

Rise in liquidations compounded by IRD crackdown

The IRD filed two-thirds of creditor applications in the March quarter.

RBNZ assistant governor resigns
Economy

RBNZ assistant governor resigns

The announcement comes just weeks after governor Adrian Orr suddenly quit.

John Anthony 17 Apr 2025
Annual inflation lifted 2.5% in the first quarter
Economy

Annual inflation lifted 2.5% in the first quarter

The lift was a tad higher than RBNZ forecasts. 

Staff reporters 17 Apr 2025
Slight inflation lift won't stop rate cuts thanks to trade war
Economy

Slight inflation lift won't stop rate cuts thanks to trade war

Most economists expect annual inflation lifted to 2.4% in 1Q.

Rebecca Howard 17 Apr 2025