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New Zealand increases minimum wage to $20 per hour, raises taxes on nation’s wealthiest by 39%

New Zealand Belgium Luxembourg covid-19 2020 economy Coronavirus
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December 2020 MBIE news release.Stack of cash stock image. RELATED: $15 minimum wage hike seems all but dead in Democrats' massive COVID-19 relief billFor employees who work 40 hours a week, the minimum wage will go up to $20 per hour, but hourly wages may vary depending on the employer.AdvertisementIn 2019, New Zealand was already one of the top-five countries that offered a higher-than-normal minimum wage with an average $22 per hour, just behind Belgium, which offered $22.87 per hour, according to data collected by the Organisation for the Economic Co-operation and Development.Luxembourg topped the 2019 list with an average of $26 per hour.In addition to the increased minimum wage, New Zealand also raised taxes by 39% on the nation’s top.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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