I talked about minimum wages and living wages on the Sunday Morning panel at Radio New Zealand this weekend. The audio, and a summary, are here.
In short, the minimum wage is poorly targeted if the point is helping those in long term low-paying jobs: far too many minimum wage workers are in higher decile families. The burden of the minimum wage is borne not only by the employers of minimum wage workers but also by their customers, and by those minimum wage workers who lose their jobs or who get fewer hours when the minimum wage is hiked.
We have a policy targeted at low-income working households supporting children: Working for Families. The burden of that policy is primarily borne by high income households, and those without children. If voters want to support low income workers with families, Working for Families is the better way of doing things.