Unemployment has fallen to its lowest level on record as the hard work of business and workers along with the Government’s actions to support the economy during the Delta outbreak resulted in more people in work and higher wages.
An income insurance scheme will better protect workers and incomes, increase the availability of skilled workers and help communities and industries during economic shocks and transitions.
The OECD’s 2022 Economic Survey for New Zealand has recognised the Government’s response to the Covid-19 pandemic, noting that the country has one of the lowest mortality rates in the world while the economy has proved strong and resilient.
The resilience of the economy in the face of the impact of the Delta outbreak was reflected in today’s GDP figures and reinforces the Government’s actions to support businesses and workers to secure the recovery.
The Transition Payment that is available for affected businesses to support their move to the COVID-19 Protection Framework has opened for applications this morning.
The Government’s financial accounts continue to reflect an economy that has performed better than expected, despite the latest Delta COVID-19 outbreak.
The first Government financial results for the new financial year show the continued strength of the New Zealand economy, despite the challenges of COVID-19.
A new framework will align investment decisions by the Crown Financial Institutions (CFIs) to reflect the Government’s goal of a carbon neutral New Zealand by 2050.
APEC finance ministers will continue to work together to respond to the effects of COVID-19 and ensure a sustainable and inclusive recovery while capitalising on the opportunity to build a more resilient future.
The Government will boost payments to businesses affected by higher alert levels as the country transitions to the new COVID-19 Protection Framework.
The end of year audited Crown accounts released today show the Government’s health led approach to the COVID-19 pandemic has protected New Zealand’s economy.
The economy showed strong momentum in the period leading up to the recent Delta COVID-19 outbreak, which bodes well for a solid economic rebound, Grant Robertson said.
Businesses affected by higher Alert Levels will be able to apply for further Resurgence Support Payments (RSP).