Minimum wage - How high is too high?

This week saw the minimum wage increase by 50 cents to $15.25. Those who argue against significant increases to the minimum wage claim it will price some of the most vulnerable workers out of jobs. But does the evidence back that up? Laila Harre is a former associate minister of labour and the owner of Ika Seafood Bar and Grill - a living wage employer; Tim Hazledine, professor of economics at the University of Auckland, and economist Eric Crampton is the head of research at the New Zealand Initiative - a business funded think tank.