Thousands lose more generous unemployment benefit

Thousands lose more generous unemployment benefit
Andy Fyers
Generous government support for workers who lose their job due to covid-19 is beginning to roll off for the initial recipients, just as wage subsidies also taper to a finish.Data from Ministry of Social Development for the week ended Sept. 4 shows there are now 6,000 fewer people on the Covid-19 Income Relief Payment (CIRP) than the week before.The total number of people receiving the CIRP is now 18,608, down from 24,811. The number of people receiving the Job Seeker benefit increased by 1,702 in the week, in line with the increase the previous...

More Economy

R&D spending lifts as businesses look to tap new markets
Economy

R&D spending lifts as businesses look to tap new markets

The average expenditure per business rose 20% in a year.

Consumers more downbeat, confidence survey finds
Economy

Consumers more downbeat, confidence survey finds

The rating in the latest ANZ-Roy Morgan opinion poll fell 4 points to 82.1.

RBNZ's inflation target conundrum
Economy

Cameron Bagrie: RBNZ's inflation target conundrum

A debate is pending on the inflation target as economic pain rises.

Cameron Bagrie 25 Apr 2024
NZ continues to cut trade deficit
Economy

NZ continues to cut trade deficit

Imports were down $1.9 billion, or 25%, compared to March last year.

Murray Jones 24 Apr 2024