9 Feb 2023

Business reacts to government's sweeping policy reset

From Nine To Noon, 9:05 am on 9 February 2023
Business owner Mathew Coles says most of his furniture floated through the street.

Photo: RNZ/Rayssa Almeida

The sweeping reset of government policies yesterday included the pausing of the planned income insurance scheme and a significant rise in the minimum wage.

A $5 million support package for flood-hit businesses was also announced including up to $3 million to support those at high risk of closure.

The flood assistance package for businesses was developed after consultations with the Auckland Business Chamber and the Employers and Manufacturers' Association.

Kathryn speaks with the head of the Auckland Business Chamber, Simon Bridges.