New Zealand will make temporary changes to immigration rules aimed at attracting 12,000 workers next year, with a scheme to work on holidays to fill a labor shortage, New Zealand’s immigration minister said as companies scramble to find staff.
Business competition for staff is part of a global trend that has helped drive up wages in New Zealand, posing a challenge to anti-inflation efforts by the central bank, which raised interest rates last week to their highest levels since September 2015.
“These actions are about providing immediate assistance to those companies that have been hit hard by the global labor shortage,” Wood said in a statement.
Other steps include relaxing wage rules for skilled immigrants in sectors such as elderly care, construction, infrastructure, meat and seafood processing and adventure tourism.
It is noteworthy that the Bank of New Zealand decided last week to raise interest rates by 50 basis points to 3 percent in order to face rising inflation.
The location of New Zealand
New Zealand is located in the southwest of the Pacific Ocean in the continent of Oceania near the state of Australia, and is divided into two islands, the North and South Island, linked by the Cook Strait. It is located to the southeast of Australia, across the Tasmanian Sea.
It also contains a lot of picturesque natural scenes, so tourists from all over the world and producers of films and television programs provide it to film in it. The North Island of New Zealand is famous for having a lot of volcanic activity and contains many plateaus.
New Zealand was famous for its fertile land, which encouraged agriculture, and it was famous for its dairy, wool, fruits, wine, cow and pig farming, and for energy production such as gas, oil, renewable energy, and geothermal energy, and many of the population depend on their livelihood from the United Kingdom and the market The stable for its lead, the more it increases the more its economy grows.