Kirk Hope: Business New Zealand Chief Executive on Government's plan to broaden ACC, bring in Social Unemployment Insurance

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded24 Nov 2021

Publisheromnycontent.com ↗

Handlerec:7249938

Show notes

A plan for a Social Unemployment Insurance scheme is set to be released by the Government and could be a saving grace for those unemployed. It would mean if a person was laid off, they'd receive 80 percent of their income for an undisclosed period of time. It would be funded by a levy of between one and two cents for every dollar earned by employees, and similarly for employers. Business New Zealand Chief Executive Kirk Hope told Mike Hosking they have an idea of how long they'd like the coverage to last. “We’ve been pushing for a limit of six months. That should be enough time for people to reskill and look at alternatives in the workplace.” He said it will act as a major safeguard. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.