Aotearoa New Zealand Newsletter

Minimum wages are increasing on 1 April applying to all employees 16 and over. The minimum wages are increasing as follows:

• Adult minimum wage will go up from $23.25 to $23.50 per hour
• Starting-out and training minimum wage will go up from $18.52 to $18.80

Learn more and ensure you're ready for the minimum wage increase here.

In a speech to the Employment and Manufacturers Association on 13 December 2024, Minster for Workplace Relations and Safety, Hon Brooke van Velden announced a change to the proposed direction of the Holidays Act reform. Minister van Velden has directed officials to begin work on an hours-based accrual model for annual leave and to consider whether greater simplicity can be achieved. Read more in the press release here and the full speech here. Stay up to date with the Holidays Act reform here. 

Inland Revenue has released the latest version of the Government Tax and Social Policy Work Programme. The Work Programme's overarching priorities are simplifying tax and reducing compliance costs, addressing integrity risks and improving fiscal sustainability, in order to rebuild the economy. Read more and access the latest version here. 

The revised Australian and New Zealand Government Electronic Invoicing Arrangement is now available on the Australian Government's Treasury website. The purpose of this arrangement is to support the adoption of eInvoicing by maintaining a common approach across both countries and creating an interoperable single digital economic market across the Tasman. Read more here. 

Missed our update from the Half-Year Economic and Fiscal Update (HYEFU) late last year? Catch up on our insights from the HYEFU and Australia's Mid-Year Economic and Fiscal Outlook (MYEFO) here. 

The minutes from the Digital Advisory Group (DAG) meeting held on 18 February are now available on our website. You can also catch up on past DAG meetings and learn more about the group here.