Articles tagged with Business Confidence
Employment Relations Amendment Bill Passed: Boosting Business Confidence & Worker Flexibility
1 month ago | 202 viewsThe 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.
Tags: Brooke van Velden Employment Relations Amendment Bill Workplace Relations and Safety Minister employment law contractor vs employee unjustified dismissal employment agreements business confidence workplace reforms Royal assentNew Zealand Job Growth Boosts Economy as Unemployment Rate Slightly Rises
1 month ago | 285 viewsFinance 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.
Tags: Nicola Willis New Zealand Finance Minister Stats NZ unemployment rate Treasury economy employment youth employment business confidence