Articles tagged with Labour Market
Government Welcomes Select Committee Report on Employment Relations Amendment Bill
2 weeks ago | 104 viewsThe Government welcomes the Select Committee report on the Employment Relations Amendment Bill, which supports key reforms to enhance labour market flexibility and reduce compliance costs while maintaining core objectives. The Committee recommends clarifications to the gateway test for contractors, including platform-based arrangements, and supports Cabinet decisions to expand income definitions for unjustified dismissal claims and raise the income threshold from $180,000 to $200,000. Minister Brooke van Velden looks forward to progressing the Bill in early 2026, emphasizing the Government’s commitment to helping businesses grow and innovate confidently.
Tags: Brooke van Velden Employment Relations Amendment Bill Education and Workforce Committee Cabinet Government Labour Market Flexibility Select Committee Workplace Relations and Safety Contractors Income ThresholdNew Zealand Labour Market Update: Government's Economic Rebuilding Efforts Highlighted
1 month ago | 237 viewsLabour market statistics released today show a slight increase in unemployment to 5.3% in the September quarter, aligning with forecasts. The Finance Minister emphasizes the government's commitment to rebuilding the economy and creating more job opportunities for New Zealanders. Efforts include reducing taxes, boosting investments, and supporting businesses to drive economic recovery and job growth.
Tags: Labour market statistics Government Economy Job opportunities Kiwis Finance Minister Nicola Willis Stats NZ Unemployment New ZealandersFinance Minister Nicola Willis Reacts to Lower Than Forecast Unemployment Rates
4 months ago | 663 viewsFinance Minister Nicola Willis has acknowledged the latest labour market data, revealing a lower-than-expected unemployment rate of 5.2% for the June quarter, below the Treasury's forecast of 5.4%. Despite challenges like inflation and rising interest rates, the government's efforts have led to 8,000 fewer unemployed individuals than initially projected, with a focus on economic recovery and job creation through initiatives like government-funded construction projects and investment incentives. Additionally, there has been a notable increase in average hourly earnings by 4.5% in the past year, surpassing the inflation rate of 2.7%.
Tags: labour market unemployment Finance Minister Nicola Willis Stats NZ Treasury forecast economic management inflation interest rates job creation