New income insurance scheme - safety net or another tax? - a podcast by RNZ

The jury is out on the government's newly unveiled income insurance scheme that's been developed in conjunction with unlikely bedfellows Business New Zealand and the Council of Trade Unions.
The insurance would mean people who have lost their jobs because of redundancy or illness get 80 percent of their usual salary for seven months - with the option of stretching it to a year. It's paid for by a levy on both the worker and employee.
The full details of plan have been released today for public feedback, which is already coming in thick and fast.
Political reporter Katie Scotcher has the details.

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