An increase to the living wage could look to help improve the labour market.

From September first, it will jump to $26 an hour, $3.30 above minimum wage.

It's an almost 10-percent rise since last year.

Infometrics Chief Economist Brad Olsen told Kate Hawkesby that we could see businesses re-evaluate the offers they put on the table.

He says paying the living wage could be a way of securing an employee from another business that isn't offering it.

LISTEN ABOVE

An increase to the living wage could look to help improve the labour market.
From September first, it will jump to $26 an hour, $3.30 above minimum wage.
It's an almost 10-percent rise since last year.
Infometrics Chief Economist Brad Olsen told Kate Hawkesby that we could see businesses re-evaluate the offers they put on the table.
He says paying the living wage could be a way of securing an employee from another business that isn't offering it.
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.