Budget 2020

The pandemic budget: moving NZ from critical care to long-term recovery

Norman Gemmell, Te Herenga Waka — Victoria University of Wellington May 14’s budget will surely be remembered as the “pandemic budget”. It might seem like the worst possible timing – economic uncertainty rages, Treasury has had to abandon its usual economic “forecasts”, and the pandemic’s viral economic spread is far from over. On the contrary, this may be very good …

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NZ’s pandemic budget is all about saving and creating jobs. Now the hard work begins

Jonathan Boston, Te Herenga Waka — Victoria University of Wellington Budget 2020’s focus on “jobs, jobs and jobs” is understandable, commendable and vital. COVID-19 poses the largest threat to paid employment since the Great Depression almost 90 years ago. The number of people receiving Job Seeker Support (Work Ready) – the main benefit available for the unemployed – rose almost …

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