New Zealand to temporarily boost worker intake amid shortfall

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New Zealand to temporarily boost worker intake amid shortfall
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New Zealand will make temporary changes to immigration rules, a minister said on Sunday, aiming to lure 12,000 workers over the next year with a working holiday scheme designed to fill labour gaps as businesses scramble to find staff.

The jostling for workers is part of a global trend that has helped push up wages in New Zealand, posing a challenge to the fight on inflation by the central bank, which raised interest rates last week to their highest since Sept. 2015.

The visas of some onshore working holiday makers will also be extended by six months to retain workers now in the country, Wood added.

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