The Indian Weekender, Friday 6 November 2020
Weekly Kiwi-Indian publication printed and distributed free every Friday in Auckland, New Zealand
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<strong>The</strong> <strong>Indian</strong> <strong>Weekender</strong> <strong>Friday</strong>, <strong>November</strong> 6, <strong>2020</strong><br />
NEW ZEALAND 15<br />
JACINDA ARDERN reveals top<br />
economic priorities government<br />
will focus on for rest of <strong>2020</strong><br />
RADIO NEW ZEALAND<br />
disproportionately impacted by job losses to date. My<br />
hope is the expanded flexi-wage scheme will play an<br />
important role in helping people from these groups to<br />
get quickly back into work.<br />
“While the scheme will take some time to fully get<br />
up and running we want to be in a position to assist<br />
business to take on workers over the Christmas New<br />
Year period if they can, rather than waiting until after<br />
the holiday period,’’ she says.<br />
Cabinet will also consider additional projects to<br />
go through the Resource Management Act fast-track<br />
process over the next two weeks.<br />
Ardern told Business NZ that wider reform of the<br />
RMA was a priority and the minister-in-charge, David<br />
Parker, intended to progress work through the House<br />
on that in the first half of next year.<br />
Prior to the election last month, Labour had also<br />
indicated wanting to reform sick leave provisions and<br />
boost the number from five days to 10.<br />
“Making sure that workers are well supported to stay<br />
home when they are unwell is an important part of our<br />
<strong>The</strong> government will prioritise extending the<br />
small business loan scheme, rolling out the<br />
flexi-wage job support programme and fasttracking<br />
more infrastructure projects in the weeks<br />
leading up to Christmas.<br />
In a speech to Business New Zealand in Auckland,<br />
Prime Minister Jacinda Ardern outlined the top<br />
economic priorities for what’s left of <strong>2020</strong>, with a focus<br />
on speeding up job creation and boosting exports.<br />
“Before Christmas we will extend the Small Business<br />
Loan Scheme out to three years and extend the interest<br />
free period to two years. We will also extend the purpose<br />
of the scheme and allow business to borrow to invest in<br />
new equipment and digital infrastructure,’’ Ardern said.<br />
Making those changes before Christmas would give<br />
small business owners certainty, especially ahead of a<br />
holiday period where income could drop off for many,<br />
she said.<br />
Ardern also pointed to yesterday’s “better than<br />
expected unemployment numbers’’, which she said<br />
highlighted the relative strength of New Zealand’s<br />
economy, with fewer people unemployed here than in<br />
Australia, the US and Canada.<br />
“However, we cannot rest on our laurels and we want<br />
to see more New Zealanders obtain work, which is why<br />
we are prioritising the roll out of the flexi-wage scheme<br />
prior to Christmas.’’<br />
<strong>The</strong> government would invest an additional $311<br />
million into the programme “to increase the average<br />
subsidy paid to employers to take on a worker and<br />
enable an additional 40,000 unemployed people to take<br />
advantage of the programme”, Ardern said.<br />
“Māori, Pasifika and women have been<br />
Covid response, and in our view, the current<br />
provision of 5 days is not sufficient,’’<br />
Ardern said.<br />
“That’s why cabinet will consider<br />
draft legislation before Christmas,<br />
with a plan to introduce this in the<br />
house before the end of the year, but<br />
then move to a full select committee<br />
process so we can try and build some<br />
consensus around this issue.”<br />
Trade relationships and boosting exports<br />
were also front-and-centre for Ardern and she said<br />
a trade mission was a top priority when the border<br />
settings allowed it.<br />
"Making<br />
sure that<br />
workers are well<br />
supported to stay home<br />
when they are unwell is an<br />
important part of our Covid<br />
response, and in our view,<br />
the current provision<br />
of 5 days is not<br />
sufficient"<br />
“I have already asked<br />
the Ministry of Foreign<br />
Affairs and Trade for<br />
advice around leading a<br />
delegation into several<br />
key markets, including<br />
Europe and the UK<br />
where we have already<br />
begun negotiations on<br />
critical free trade agreements<br />
as well as China and the US.<br />
“Doing all we can to improve<br />
market access will assist an export<br />
led recovery. And telling our story<br />
of how we have successfully<br />
managed Covid to date can also<br />
help to attract international<br />
investment in to productive<br />
aspects of the New Zealand<br />
economy to assist<br />
the recovery.”<br />
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