Local stocks had rocketed in the final minutes of trade on Wednesday after US politicians finally reached a deal – yet to be passed – on a $A3.3 trillion stimulus measure to shore up the world’s biggest economy.
It’s a messy picture and no-one on the planet has experience of what usually happens in economies, let alone housing markets, when there is a pandemic. But the long-term fundamentals of our housing market don’t look to have much changed. In fact, with the isolation-reputation of New Zealand hopefully to be enhanced in coming weeks and […]
Key points:The Government expects up to 6 million people will access a $1,500 fortnightly wage subsidyThe so-called JobKeeper payment is designed to keep people in workThe Government will also lift the means-testing threshold for the partners of JobSeeker recipients
Any system implemented in New Zealand needs to have a clear end date, with public reporting and independent oversight. For instance, that public reporting could be done via the new cross-party committee led by opposition leader Simon Bridges, which is scrutinising the government’s response to Covid-19. Once the crisis is over, the programme needs to […]
Can I get the JobKeeper and other payments? A person receiving the JobKeeper payment cannot also receive the JobSeeker payment (formerly Newstart). People who have already applied for JobSeeker can withdraw and shift to job keeper payments if they are re-engaged by their employer.
From midnight last night, all arrivals at international airports will be made to stay at accommodation facilities for their two weeks mandatory self-isolation under the close watch of border force officials, before getting the all clear to return home.