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Economy

New Zealand to temporarily boost worker intake amid shortfall

The country to change immigration rules aiming to lure 12,000 workers over the next year

A new residential construction is under way at Long Bay, suburban Auckland, New Zealand, on May 6. New Zealand will relax wage rules for skilled migrants in sectors such as construction, infrastructure, seafood and adventure tourism. (New Zealand Herald via AP)

(Reuters) -- 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.

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