FILE PHOTO: New Zealand's Finance Minister Grant Robertson reacts during an interview in his office in Wellington, New Zealand, November 10, 2017. REUTERS/Charlotte Greenfield
WELLINGTON - New Zealand’s Finance Minister Grant Robertson said on Monday that the new wage subsidy scheme is forecast to cost about NZ$510 million and cover 470,000 jobs. The scheme was announced last week after New Zealand locked down its biggest city, Auckland, following new cases of coronavirus.
“The new wage subsidy will help support cashflow and confidence,” Grant Robertson said in a statement. He said the mortgage deferral scheme was also being extended to March 31 next year from its current end-date of Sept 27.
Source: News Formal (newsformal.com)
How much debt are the Anglophile nations going to accumulate? This is going to have more negative effects than this novel coronavirus 19.
Less than the price of a Hollywood movie production.
peanut In Oz it is costing $300 bils
And 33 cents
you call it a scheme when the government returns the money to the taxpayer who gave it to them ? Is that your idea of a scheme cause some people would call it democracy.
But there’s only 5 million people so, fuck, that’s like $67 per...
naomibrockwell
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