The 2016 New Zealand Living Wage rate has been set at $19.80 an hour and will come into effect on July 1.
The living wage is the hourly rate which advocates claim a worker needs to participate as an active citizen in the community.
The new rate is 55 cents more than the 2015 rate of $19.25.
Pattrick Smellie: How low can dairy go?
OPINION: Another week, another fall in global dairy prices.
The question for every dairy farmer, and their bankers, is ‘how low can it go’?
The dairy price plunge is being driven by three main factors:
Pattrick Smellie has concerns about the dairy sector.
– falling oil prices hitting oil-producing countries, which are also some of the biggest dairy consumers outside China;
– ongoing over-production in the European Union, which is flooding other markets; and
Read more: http://www.stuff.co.nz/business/opinion-analysis/77001277/Pattrick-Smellie-How-low-can-dairy-go