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News Wire / economy

New Zealand Specialist Trainee Doctors Secure Pay Deal

Newstalk ZB Auckland Wellington 20d14d Impact 5
New Zealand's gold visa program is seeing significant uptake, with investment levels reaching between $5 million and $10 million per applicant. The program is being described as a major success for the country's immigration and investment sectors. This influx of capital is expected to bolster local economic growth through high-net-worth residency. Doctors in the specialist trainees union have secured a pay deal following three months of negotiations with Te Whatu Ora. The agreement includes a 2.5% pay increase each year for the next two years. Additionally, the deal provides a one-off cash payment of $3,000 per doctor. The package also features improved rates for extra shifts, better support for those returning from parental leave, and assistance for doctors relocating for training.

Topics

immigration investment

Developing

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Sources · 7 independent

Newstalk ZB Auckland

“More good news for New Zealand. I think our gold visa deal seems to be a hit.”

RNZ National

“doctors in the specialist trainees union have secured a pay deal totaling density which has been crucial for increasing their prices nearly 6% over the next two years.”

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