Businesses and self-employed people significantly affected by the recent move to Alert Level 4 can now apply for the COVID-19 Wage Subsidy August 2021.

Significant Government support for businesses and workers has been triggered following a rise in alert levels to combat COVID-19 in the community, Grant Robertson said.

The update and strengthening of the Reserve Bank’s decision-making and accountability arrangements will bolster New Zealand’s financial system and make it fit for purpose to address monetary and financial policy issues now and in the future, Grant Robertson said.

The Government’s efforts to secure the recovery has seen more Kiwis in jobs and higher wages, with unemployment falling to pre-COVID levels and more people in work.

Finance Minister Grant Robertson and Reserve Bank Governor Adrian Orr have updated the Memorandum of Understanding (MoU) on macro-prudential policy to further protect the financial system and support the Government’s housing objectives.

Construction of New Zealand’s first, purpose-built centre for youth well-being is ready to get underway thanks to an extra $2.5 million of COVID-19 response funding, Housing Minister and Associate Minister of Finance, Megan Woods announced today.

The Government’s books show that the New Zealand economy is continuing to display resilience in the face of the ongoing impact of COVID-19.

Finance ministers and business leaders from across the APEC region have connected to discuss the ongoing response to COVID-19.

The Government’s efforts to secure the recovery have been reflected in the robust rebound of GDP figures released today which show the economy remains resilient despite the ongoing impact of the COVID-19 pandemic, Grant Robertson said.

The Government has today confirmed new builds will be exempt from planned changes to the tax treatment of residential investment property.

The Government’s ongoing support to secure the economic recovery continues to be reflected in the Crown’s financial accounts.

The OECD’s latest review of the New Zealand economy shows growth picking up due to the Government’s ongoing support to secure the recovery from the effects of COVID-19.

Housing Minister and Associate Minister of Finance, Megan Woods today visited YMCA Christchurch to mark the near completion of the first stage of the refurbishment of the ‘Hotel Give’ shovel ready project, funded by the COVID-19 response fund.

The temporary regime, introduced to protect New Zealand assets from falling unnecessarily into foreign ownership during the COVID pandemic, will end on 7 June.

The Government, Business NZ and the New Zealand Council of Trade Unions (CTU) are jointly designing a Social Unemployment Insurance scheme that would support workers to retain about 80 percent of their income for a period after they lose their jobs.

Budget 2021 will secure Aotearoa New Zealand’s recovery from COVID-19, creating jobs and investing to address the long-term challenges of child poverty, housing and climate change.

Increased infrastructure investment will play a critical part in Aotearoa New Zealand’s recovery from the COVID-19 pandemic.

The Government’s response to COVID-19 and strong economic management has placed New Zealand on a firmer footing to accelerate the recovery and address longstanding social and infrastructure deficits.

New Zealand’s most strategically important assets will be protected from sales to overseas buyers that would be contrary to our national interests under a law that passed its third reading in Parliament today.

Hundreds of thousands of New Zealanders will be significantly better off in retirement following changes to the default KiwiSaver scheme, Finance Minister Grant Robertson and Commerce and Consumer Affairs Minister David Clark said today.

Securing the recovery and investing in the wellbeing of New Zealanders is the focus of Budget 2021, Grant Robertson told his audience at a pre-budget speech in Auckland this morning.