New Zealanders’ main economic priority: getting back to work
New Zealanders overwhelmingly want economic stimulus measures which get people back to work.
A Horizon Research survey of policies to stimulate the economy finds 79% support “getting people back to work”.
This equates to support by an estimated 2,830,000 adults.
The second most supported policy is giving people a lump sum cash payment (50%), equivalent to around 1,797,600 adults.
The third ranking measure was to build affordable housing (48%), followed by
• Household rent subsidies (47%)
• Lower tax rates for individuals (43%)
• Reintroducing low interest 30-year Government housing loans (40%)
• Continuing wage subsidies (40%)
• Large infrastructure projects (40%)
• Commercial rent subsidies (37%)
• Removing GST on purchases for a period of time (35%)
• Further benefit increases (34%)
• Increases in top levels of personal income tax (32%), and
• Lower taxes for business (30%).
Horizon says the concern over getting back to work, and support for a lump sum cash payment, may reflect other findings of the survey:
• 179,800 adults
say they have lost their jobs as a direct result of
COVID-19 (although 31,900 of them have found a new
job) and a further
• 794,600 adults say their working hours have been reduced (as at April 30). In total, a nett 942,500 of the country’s 3,515,300 adults say their jobs or working hours have been impacted.
At the same time
• 1.4 million have
not lost their jobs or income, and
• 1.2 million were not working before the COVID-19 threat emerged.
Results are from an April 28-30 survey of 1,151 members of Horizon’s specialist online research panels representing the New Zealand adult population at the 2018 Census. At a 95% confidence level, the maximum margin of error is +/- 2.9% overall. Detailed results are available from Horizon Research.