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Unemployment Insurance - More Tax for More Unemployment

In May, Budget 2021 revealed that work was underway to develop an unemployment insurance scheme. This would see benefits tied to past employment and wages in some way, and those benefits would be generous compared to the status quo. Read more

Insights Newsletter
12 November, 2021

Media release: Unemployment Insurance will mean more tax - NZ Initiative report

Wellington (Thursday, 11 November 2021) A new unemployment insurance scheme would be another tax on income, with little benefit, and increase unemployment, according to a new report from The New Zealand Initiative. The think tank warns that the scheme could constitute a 2 – 3% tax increase for every Kiwi worker in the medium-term. Read more

Chelsy Killick
Media release
11 November, 2021
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Climate of distraction

This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more

Insights Newsletter
5 November, 2021

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