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Operation Restart

National is unveiling its redundancy package “Restart” before they pass it through urgency:

A $50 million package to ease the burden on families affected by redundancy has been unveiled by the Government as it steels itself for as many as 70,000 people to lose their jobs as the effects of a global economic down turn bite.

Prime Minister John Key confirmed today the Government’s re-start package would be backdated to November 8, the date of the election, and would provide short-term help for up to 16 weeks to low and moderate income families with children, and to people with high housing costs, who lost their jobs through redundancy.

Officials say the package provides assistance only for those affected by redundancy - workers who lose their jobs in other circumstances are not eligible.

So for those fired under the new 90 day probationary period for employees in small businesses, this won’t be available to them.

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