Executive summary
On 17 March 2020, in response to the economic impact of COVID-19, the New Zealand Government released its NZ$12.1 billion (US$6.8 billion) Business Continuity Package (the Package). The Package is significant, representing 4% of New Zealand’s GDP.1
The measures announced will provide financial relief to both businesses through tax measures, and at-risk employees through a financial safety net. The Government has also announced significantly increased funding for th…