Govt takes significant economic decisions as NZ readies for Alert Level 4 in COVID-19 fight
The Government is announcing significant further support for the economy, workers and businesses as the country unites to prepare for Alert Level 4 in the fight against COVID-19. Cabinet today agreed to remove the cap on the Government’s wage subsidy scheme, which will inject a further $4 billion into the economy over the next eleven weeks. In addition: The Government is expediting urgent work on new income support measures for all workers above and beyond