National Backs Businesses With $10k JobStart

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Fri May 29 2020 12:00:00 GMT+1200 (New Zealand Standard Time)

National Backs Businesses With $10k JobStart

Friday, 29 May 2020, 12:31 pm
Press Release: New Zealand National Party

National will provide a $10,000 cash payment to businesses that hire additional staff as part of our commitment to keeping New Zealanders in jobs, National Party Leader Todd Muller and Finance spokesperson Paul Goldsmith have announced.

Our JobStart scheme would begin on 1 November 2020 and run for the remaining five months of the financial year through to 31 March 2021, incentivising up to 50,000 new jobs.

“Today National has announced another part of our plan to create jobs and grow the economy,” Mr Muller says.

“We are committed to supporting New Zealand businesses, in particular small businesses, to invest and grow. JobStart will give small business owners greater confidence to hire new people.

“Small business owners who create jobs will be the heroes of this economic crisis, in the way that our nurses, doctors and all five million of us who stayed home were the heroes of the health crisis.”

Mr Goldsmith says thousands of small businesses across New Zealand were starved of revenue during the lockdown and many are still struggling under level two restrictions.

“They are desperate for cash flow and this payment could alleviate some of the pressure they’re facing while also supporting growth.

“The scheme will be capped at 10 new employees, or $100,000 per business. Businesses will need to prove that the new hire is an additional full time equivalent over and above their existing labour force.

“The Government said its Budget was all about jobs but there was no plan to back this up. Only National has a plan to revive the economy and keep Kiwis in jobs.”

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