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flag New Zealand's Minister for Economic Growth proposes removing living wage requirement for some government contracts.

flag In New Zealand, the Minister for Economic Growth, Simon Watts, has proposed removing the living wage requirement for government contracts in cleaning, catering, and security services. flag Watts assured that current contracts will remain intact and that the changes aim to simplify processes and boost business growth. flag Additionally, the Minister announced changes to foreign investment fund rules, including a new method to calculate taxable income, to encourage investment from highly skilled migrants and returning New Zealanders.

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