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Global Trade Alert

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New Zealand: Introduction of a new wage subsidy scheme in response to the COVID-19 outbreak

Description

On 14 May 2020, the government of New Zealand announced establishing the COVID-19 Wage Subsidy Extension program for businesses adversely impacted by the Coronavirus outbreak. The scheme has an estima...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Jun 2020

Revocation date

01 Sep 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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