Immigration

Bar set too high for new work visas, says industry

Jem Traylen
Wed, 20 Apr 2022

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
Wed, 20 Apr 2022
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...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

The Economist
The great Silicon Valley shake-out
The Economist | Sat, 02 Jul 2022

We look at the world’s startups and identify the safe, the uneasy and the doomed.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.