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Home > Heather du Plessis-Allan Drive > Brad Olsen: Infometrics Principal Economist on the minimum wage being hiked to keep up with inflation
Podcast: Heather du Plessis-Allan Drive
Episode:

Brad Olsen: Infometrics Principal Economist on the minimum wage being hiked to keep up with inflation
Category: News & Politics
Duration: 00:02:58
Publish Date: 2023-02-08 09:27:26
Description:

Prime Minister Chris Hipkins has announced the minimum wage will go up by $1.50 in April.

This will bring the minimum wage up to $22.70 in order to keep in line with inflation.

Infometrics Principal Economist Brad Olsen says that the the Government had to hike up minimum wage in order to keep up with inflation.

Brad Olsen explains that while businesses aren't pleased, the minimum wage increase is slightly below average wage increases, and that people on the lowest incomes will need extra help.

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