INDEPENDENT NEWS

Joint Statement From The New Zealand Initiative And BusinessNZ

Published: Mon 23 Mar 2020 10:15 AM
BusinessNZ and The New Zealand Initiative are encouraging the Government to go further with its economic support package, saying the support package announced last week was the right first step and was greatly appreciated but needed to go further.
The New Zealand Initiative’s Executive Director Dr Oliver Hartwich and BusinessNZ’s CEO Kirk Hope noted the Australian Government’s move yesterday, launching a second amount of support and signaling that more was coming.
The Australian package, equivalent overall to 9 percent of Australian GDP, will provide further income support for employees, cash grants equivalent to withholding tax, and a loan guarantee scheme with a grace period for repayments.
BusinessNZ and The New Zealand Initiative said in the light of this, business in NZ would appreciate the NZ Government undertaking a similar approach and outlining the likely next steps for business and employee support, and the timeframes around that.
BusinessNZ and The New Zealand Initiative, alongside their member businesses, are continuing to develop recommendations for a further set of support measures for the economy.

Next in New Zealand politics

Poverty Burden For Children Increased Due To Government Neglect - New Report
By: Child Poverty Action Group
Cabinet Accepts Turkish Authorities’ Request For The Managed Return Of Three NZ Citizens
By: New Zealand Government
Quarantine Free Travel With Australia Suspended
By: New Zealand Government
NZUS Council Welcomes Nomination Of Senator Tom Udall As US Ambassador To NZ
By: NZUS Council
Visa Extensions Welcomed By BusinessNZ
By: Business NZ
Government Initiatives Contribute To Fall In Benefit Numbers
By: New Zealand Government
The Returning Mother And Children
By: Islamic Women's Council of New Zealand
Returning Children Must Be Protected And Embraced
By: Office of the Children's Commissioner
No Community Cases; 19 New Cases In Managed Isolation; 1 Historical Case; Mariners Updates
By: Ministry of Health
Whole Genome Sequencing For Initial Mattina Crew Members Indicates Delta
By: Ministry of Health
View as: DESKTOP | MOBILE © Scoop Media