05 Aug 2026
2 months ago
674 views
Finance Minister Nicola Willis acknowledges the second quarter was challenging for New Zealand's labour market, with rising costs and uncertainty causing employers to pause hiring, resulting in a 5.6% unemployment rate. The government is focusing on policies to boost economic growth and business confidence, including support for tourism, international education, major construction projects, infrastructure investment, and the Investment Boost initiative. These measures aim to encourage employers to invest and expand, fostering long-term job creation rather than quick fixes.
17 Feb 2026
8 months ago
1240 views
The Employment Relations Amendment Bill has passed its third reading, introducing reforms to enhance business confidence and create more job opportunities by clarifying contractor vs employee status and setting a $200,000 income threshold for unjustified dismissal claims. The Bill removes the 30-day rule to allow workers and employers to negotiate agreements from day one and ensures accountability for serious misconduct without rewarding employees financially. These changes aim to rebalance employment relations, providing more choice for businesses and workers, with most provisions taking effect immediately after Royal assent.
04 Feb 2026
8 months ago
1296 views
Finance Minister Nicola Willis highlights that an additional 15,000 people gained jobs in New Zealand in the last quarter of the year, alongside increased hours worked and job-seeking activity, indicating a growing economy. Although the unemployment rate rose slightly to 5.4%, it remains below Treasury forecasts, with expectations of a future decline as economic recovery continues. Additionally, the proportion of young people not in education, training, or employment decreased, reflecting positive outcomes from government efforts to support business growth and employment.