Further to yesterday's announcement that all indoor and outdoor events over 500 people should be cancelled, the Government has today unveiled a $12.1b economic response package to combat the COVID-19 impact with almost half of the cash to be spent on a wage subsidy package for all coronavirus-impacted businesses (watch the Finance Minister, Grant Robertson, reveal the package in parliament - watch from 6:00 minutes for details of the leave payment and wage subsidy schemes)
- Leave payments: Support is available for employers, sole traders and the self employed who are in self-isolation, are sick with COVID-19 or are caring for dependents.
- Wage subsidies: Wage subsidies will be available for businesses, the self employed and sole traders in all parts of the country that can show they've had a 30 percent decline in revenue for any month between January and June 2020 compared to the year before (those eligible will be paid $585.50 per week for full-time staff, and $350 for part-time staff). Payments will be capped at $150,000 per business and will be paid in one lump sum for up to 12 weeks.
- Go to https://workandincome.govt.nz/ for more information.
Further to our previous updates on COVID-19, our advice remains the same. We encourage event professionals to keep an eye on the Ministry of Health's website, to follow their advice for public events and mass gatherings, whilst taking time to understand and plan for future impacts on your business.
This piece from NZEA Supplier Member and lawyers, MinterEllisonRuddWatts, outlines some useful considerations for event organisers: Sports, major events and COVID-19: What should event organisers be doing?
For other useful links and resources, check out NZEA's previous COVID-19 updates.
Industry impact survey - deadline tomorrow!
Further to our email last week, NZEA is working closely with central government in order to assess the situation and what kind of sector support may be required.
So don't forget to have your say in this challenging time for the sector so we can get a sense of COVID-19's impact on the events industry to date and share these insights with the government.
The more information we have, the more specific and effective we can be in our advocacy for the sector. Please feel free to share this survey with other industry professionals.
We would appreciate your prompt feedback on this survey by COB, Wednesday 18 March.