Coronavirus - New Zealands Business Support Package

New Zealand’s business support package
This afternoon the Government announced its business support package, noting it is one of the largest packages in the world on a per capita basis.

The $12.1 billion package includes:

Initial $500 million boost for health
$5.1 billion in wage subsidies for affected businesses in all sectors and regions, available from today. Businesses need to show a 30 percent decline in revenue for any month between January and June 2020 and applications can be made here:

https://www.workandincome.govt.nz/products/a-z-benefits/covid-19-support.html?utm_source=sfmc&utm_medium=email&utm_campaign=&utm_content=&sfmc_key=8d0c0e8c693cd06348227dc2a807b537fc226a15-TlogMTU5MyBOIEFCUCBDT04gLSBCdXNpbmVzcyBDb250aW51aXR5IC0gUGFydG5lcg==#null

$126 million in COVID-19 leave and self-isolation support
$2.8 billion income support package for our most vulnerable
$100 million redeployment package
$2.8 billion in business tax changes to free up cash flow
$600 million initial aviation support package

For more detail on the business support package and Government factsheets, see here: 

https://www.beehive.govt.nz/release/121-billion-support-new-zealanders-and-business?utm_source=sfmc&utm_medium=email&utm_campaign=&utm_content=&sfmc_key=8d0c0e8c693cd06348227dc2a807b537fc226a15-TlogMTU5MyBOIEFCUCBDT04gLSBCdXNpbmVzcyBDb250aW51aXR5IC0gUGFydG5lcg==\