​Welcome to another insightful episode of #CaffeineandCoinswithCristina! Today, let's dive into the significant changes happening with the Accredited Employer Work Visa (AEWV) in New Zealand. It's crucial to grasp how these shifts will impact both visa holders and employers. If you're in the AEWV realm, brace yourself for potential alterations in your stay duration and visa prospects. For instance, those with AEWVs issued before June 21, 2023, working in ANZSCO level 4 and 5 roles, might face adjusted stay limits unless on a residency pathway.

Thinking of a new AEWV application? Get ready for heightened work experience and qualification standards, including showcasing English proficiency for ANZSCO level 4 and 5 positions. Some roles now offer shorter visa lengths, with a max continuous stay of three years. Don't fret if your job meets specific exemptions like being on the Green List or exceeding wage criteria.

Employers, too, confront stricter checks, ensuring migrant workers meet requisite qualifications, providing at least 30 hours of weekly work, and partnering with Work and Income for specific roles. Non-compliance could lead to accreditation hiccups. Stay tuned for franchisee accreditation tweaks coming in 2024, promising tailored options based on business needs. These changes strive for a fairer, streamlined work visa system.

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Your credit record is an important part of your financial fingerprint in New Zealand and can affect how companies treat you, for example when you want to borrow money or get insurance.

​This month we talk about checking and correcting your own credit report. 

You can check your credit information for free, but if you want the information in a hurry you have to pay for a report.
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The New Zealand government links to the main credit reporting companies in NZ. 

Credit reporters must take reasonable steps to ensure the information they hold is accurate, and promptly correct any errors they become aware of.

If you tell a credit reporter that your report contains an inaccuracy, the credit reporter must, if appropriate, take steps to correct it. They will usually check the information you provide with the source − for example, the credit provider who submitted a default.

​Learn more about how to do this on the New Zealand Privacy Commissioner website.