Change self-isolation payments - Eaqub

Change self-isolation payments - Eaqub
Shamubeel Eaqub says the economic incentive to stay home isn't there.
Victoria Young
Economist Shamubeel Eaqub says payments for workers taking time off to self-isolate need to be changed as the country takes the economic hit of another alert level change.The cost of having Auckland at level 3 and the rest of the nation at level 2 is $240 million per week — not accounting for any catch-up activity after lockdown conditions are loosened, according to ASB chief economist Nick Tuffley. The financial plight of workers, who have been asked to self-isolate due to being a close contact or casual plus contact, has been in th...

More Economy

Inflation expectations ticking up in RBNZ survey
Economy

Inflation expectations ticking up in RBNZ survey

One-year-ahead inflation expectations rose to 2.41% from 2.15%. 

Rebecca Howard 16 May 2025
NZ affected as Microsoft cuts up to 6,000 jobs
Economy

NZ affected as Microsoft cuts up to 6,000 jobs

Microsoft's NZ employees are caught up in a global restructure some have linked to AI.

Dileepa Fonseka 15 May 2025
Calder Stewart pitches 200ha Otago freight hub and inland port
Economy

Calder Stewart pitches 200ha Otago freight hub and inland port

The family-owned firm is up against another inland port proposal in Mosgiel.

Oliver Lewis 14 May 2025
How to slash 1% of national emissions in one go
Economy

How to slash 1% of national emissions in one go

NZ Steel is on track to commission its $300m electric furnace from December.

Oliver Lewis 14 May 2025