ELECTION 2020: No more wage subsidy extension: Ardern

ELECTION 2020: No more wage subsidy extension: Ardern
Pattrick Smellie
The wage subsidy scheme will end some three weeks before the election, Prime Minister Jacinda Ardern confirmed today. “We have clearly signalled the wage subsidy is not something can go on for the never-never,” she told journalists after a rousing speech to around 600 Labour Party faithful and an online audience of thousands for the party’s traditional election year Congress. Extending the wage subsidy beyond its current cut-off of Sept. 1 risked delaying “the critical work that businesses may need to do to pivot into the new covid enviro...

More Economy

Start-up founders get tax help; thin-cap regime review
Economy

Start-up founders get tax help; thin-cap regime review

Start-up shareholders will be able to defer tax until a 'liquidity event'.

Slightly higher inflation may raise eyebrows at RBNZ
Economy

Slightly higher inflation may raise eyebrows at RBNZ

Recent data shows inflation is ticking up slightly. 

‘Modest’ business tax measure to boost growth: Willis
Economy

‘Modest’ business tax measure to boost growth: Willis

Global trade turmoil has made the Budget harder to write.

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