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Quake wage subsidy applications open Thursday

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Bill English said today $15 million had been put aside for the subsidy (NZPA)

Bill English said today $15 million had been put aside for the subsidy (NZPA)

Wed, 08 Sep 2010 4:00p.m.

The Government's emergency wage subsidy scheme for workers who aren't being paid because of the Canterbury earthquake will be open for applications from tomorrow.

The Government yesterday announced the scheme, which will provide a $350 a week subsidy to employers so they can continue to pay workers.

The subsidy is for businesses with fewer than 20 employees which can't trade or pay their workers because of earthquake damage.

It will initially last for four weeks and businesses can re-apply after that.

Prime Minister John Key said up to 5000 businesses could fit into the category and up to 77,000 employees could be eligible for the subsidy.

Businesses with more than 20 employees haven't been entirely ruled out and Mr Key said the scheme was flexible.

Mr English said today $15 million had been put aside for the subsidy.

He said affected businesses could apply to Work and Income for the subsidy from tomorrow and would be paid within 24 hours.

Payments would be backdated and employers could top the payments up if they were able.

"The Government has deliberately fast-tracked this response because we are aware that small businesses who for instance turned up to work on Monday and had nothing to sell could find themselves very rapidly under financial pressure and unable to pay their staff..." Mr English said.

NZPA

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Comments [1]

ACCSUX
08 Sep 2010 7:54p.m.

yip these people earthquake victims, tax payers. AND policy holders.. are VERY lucky they haven't been treated by the govmt . and EQC
like THE accident victims , ACC policy holders / TAX PAYERS are..treated by.ACC ..
and the GOVMT..

opps looks like i spoke to soon as posted on www.accforum.org
"Thank God ACC is not responsible for earthquake cover."

on TV3 last night the news item had Ian Simpson CEO of EQC speaking. I knew he looked familiar.....Guess where he worked prior to EQC.....That's right he was GM of Finance at ACC.

Poor people that will be making claims.

Can see that many will be in the deny and delay because of Mr Ian Simptoms experance and previous knowledge.

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