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unemployment insurance v2

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
Cover v12

Research Note: Unemployment Insurance - A recipe for more unemployment?

When presenting Budget 2021 in May, Finance Minister Grant Robertson announced that an unemployment insurance (UI) scheme was being developed for New Zealand. Prior to this, the Productivity Commission had considered UI as part of its inquiry into technological change and the future of work, as had the Ministry of Business Innovation and Employment (MBIE). Read more

Research Note
11 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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