{"id":15958,"date":"2020-03-17T14:44:23","date_gmt":"2020-03-17T05:44:23","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/mar\/17\/new-zealands-coronavirus-stimulus-leaves-the-working-poor-most-exposed"},"modified":"2020-03-17T14:44:23","modified_gmt":"2020-03-17T05:44:23","slug":"new-zealands-coronavirus-stimulus-leaves-the-working-poor-most-exposed-brad-olsen","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=15958","title":{"rendered":"New Zealand&#8217;s coronavirus stimulus leaves the working poor most exposed | Brad Olsen"},"content":{"rendered":"<p>Though significant, Jacinda Ardern\u2019s measures will not avert a downturn, and lower-income workers will be hardest hit <\/p>\n<p>The New Zealand government\u2019s announcement of a <a href=\"https:\/\/www.theguardian.com\/world\/2020\/mar\/17\/new-zealand-launches-massive-spending-package-to-combat-covid-19\">NZ$12.1bn spending package is massive<\/a> \u2013 that\u2019s undeniable. But the economic downturn that New Zealand faces will be even larger. The downturn is going to cause economic chaos, and it will see job losses. The key to limiting the impact of the Covid-19 pandemic on the economy is supporting employment and businesses, and although the package assists these aims, it doesn\u2019t go far enough.<\/p>\n<p>The stimulus package mirrors similar measures around the world, with wage support and paid self-isolation leave. It boldly focuses on businesses, with support for employment as we enter a downturn \u2013 and that\u2019s exactly the right area to be targeting. In New Zealand, increased payments to those already out of work have been announced, as have measures to free up business cashflow. It also includes a suite of additional measures. However, there is a glaring gap, with little support for lower-income workers themselves.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/mar\/17\/new-zealands-coronavirus-stimulus-leaves-the-working-poor-most-exposed\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Though significant, Jacinda Ardern\u2019s measures will not avert a downturn, and lower-income workers will be hardest hit The New Zealand government\u2019s announcement of a NZ$12.1bn spending package is massive \u2013 that\u2019s undeniable. But the economic downturn th&#8230;<\/p>\n","protected":false},"author":1131,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,1069,56],"tags":[],"class_list":["post-15958","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-coronavirus-outbreak","category-new-zealand"],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/15958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1131"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15958"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/15958\/revisions"}],"predecessor-version":[{"id":15959,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/15958\/revisions\/15959"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}