COVID-19 ERP PHASE I, II & III

Please note the support measures listed below were specific to the Economic Response Plan (ERP) and from 1 July 2021 are no longer accessible. A limited number of support measures of the ERP were extended through the Economic Recovery Roadmap for 2021/22. Fact sheets for these measures can be found on the Economic Recovery Roadmap page under Business Support Measures.

Phase I

The Economic Response Plan is aimed at supporting local business, and the livelihoods of those most affected by the economic impacts of COVID-19. Key Policies include:

  • Wage subsidies to help ensure that employers have the ability to keep their staff on the payroll
  • Cash grants for businesses affected by COVID-19
  • A reduction in employer and employee CINSF contributions from 5% to 3%
  • A one-off welfare payment of $400 to eligible beneficiaries
  • An unemployment benefit to be provided to all individuals who have become unemployed due to COVID-19
  • School closure support payment of $100 per child for each fortnight that school holidays are extended

Details on each of the support mechanisms are available in the relevant factsheets. To receive the support, businesses must be registered with both CINSF and the Revenue Management Division of the Ministry of Finance and Economic Management, if you are not registered you have until 30 April 2020 to do so. 

 

Performance

pdfWage subsidy & Business grant beneficiaries 11 Sep 20

pdfWage subsidy & Business grant beneficiaries 30 Jun 20

pdfWage subsidy & Business grant beneficiaries 26 May 20

pdfWage subsidy & Business grant beneficiaries 12 May 20

 

Plan Documents

pdfEconomic Bulletin April 2020 - Stimulus vs Austerity: Economic Response Plan

pdfCook Islands COVID-19 Economic Response Plan

pdfCOVID-19 Economic Response Plan Summary (English)

pdfCOVID-19 Economic Response Plan Summary (Maori - PARANI TUANGA MONI TAUTURU)

 

Fact Sheets & Q&A

pdfCOVID-19 Factsheet 1 Income Support

pdfCOVID-19 Factsheet 2 Business Support UPDATED

pdfCOVID-19 Factsheet 3 Tax Support

pdfCOVID-19 Wage Subsidy Scheme Declaration (Preview of online form)

pdfCOVID-19 Business Grant & Wage Support Subsidy Application Process

pdfCOVID-19 Business support Q&A

 

Deputy PM Speeches

pdfDeputy Prime Minister's Speech 31st March 2020

pdfDeputy Prime Minister's Speech 1st April 2020

pdfDeputy Prime Minister's Speech 2nd April 2020

pdfDeputy Prime Minister's Speech 2nd April (2020) - Maori Version

pdfDeputy Prime Minister's Speech 24th May 2020

pdfDeputy Prime Minister's Speech 16th August 2020