A new Wage Subsidy for employers and self-employed people throughout New Zealand will be available later on Monday 1 March 2021.
This will be at the standard rate of $585.80 per week for employees working 20 or more hours per week and $350 per week for employees working less than 20 hours per week. Application for the Wage Subsidy can be made here once available.
Businesses will be eligible if they experience a 40% drop in predicted or actual revenue over a consecutive 14-day period, compared with a typical fortnightly revenue in the six weeks before the rise in alert level.
You will need to be able to show that the revenue drop is due to the change in alert level (i.e. you are close, or can only provide reduced services), not just because of COVID-19 in general.