Prime Minister Chris Hipkins has raised the minimum wage by $1.50 to $22.70 per hour by April 1.

Hipkins has conceded that small businesses will find the minimum wage increase "difficult".

Employers and Manufacturers Association head Brett O'Riley says that this wage increase will be implemented at a tough time for businesses.

"When we are so close to the beginning of the next financial year for most businesses on the first of April, this is a really bitter pill for them to swallow."

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Prime Minister Chris Hipkins has raised the minimum wage by $1.50 to $22.70 per hour by April 1.
Hipkins has conceded that small businesses will find the minimum wage increase "difficult".
Employers and Manufacturers Association head Brett O'Riley says that this wage increase will be implemented at a tough time for businesses.
"When we are so close to the beginning of the next financial year for most businesses on the first of April, this is a really bitter pill for them to swallow."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.