New Zealand has a near record low unemployment rate of 3.3% and exceptionally high labour force participation rates. Households have accumulated financial savings, with average household incomes rising in line with inflation. Nominal wage rates have risen, with incomes further bolstered as people moved jobs to earn more, worked longer hours, or gained promotions.
We will continue to work closely with Ministry of Education and hope to receive the same support for other activities which will be organised as part of the “be Money $ Program. Special appreciation must also go out to the members of the Capital Markets Awareness Working Group for helping assess the essays and choosing the winners.