Minimum wages increase from 1 April 2025
Wage rates are going up---From 1 April 2025:
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***the adult minimum wage will go up from $23.15 to $23.50 per hour
***the starting-out and training minimum wage will go up from $18.52 to $18.80 per hour
***all rates are before tax and any lawful deductions, for example, PAYE tax, student loan repayment, child support.
What to do now
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Take this opportunity to review your business processes, employment records and systems.
***Check that your payroll system is ready and updated for the 1 April changes, whether you have a manual or computer-based system.
***Re-calculate and update your budgets and cashflow as the increase may have an impact, including on items such as ACC levies, KiwiSaver contributions and holiday pay.
***Review the pay rates for skilled employees from 1 April.
***Consider reviewing your pricing strategy.
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The Environmental Protection Authority announced this week that a proposed mine in Central Otago (near Cromwell) is about to enter its fast-track assessment process. A final decision could come within six months, and if it’s approved, construction might start as early as mid-2026.
We want to know: Should mining projects like this move ahead?
Keen to dig deeper? Mike White has the scoop.
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53.2% Yes
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46.8% No
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I think we’ve all seen the traffic notices and headlines about the new IKEA by now!
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Keen for an update? The Post has you covered
Aucklanders, we want to know: How are you feeling about the current property market?
New Zealand homeowners are now more likely to sell at a loss than at any time since 2013, and if you’re in Auckland or Wellington, the odds are even higher.
But there is a silver lining: buyers are still in a strong position when it comes to negotiating prices.
So we’re curious…
How are you feeling about the current property market?
If you’re keen to dive into the details, Deborah Morris breaks down all the latest insights.
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