Time for economy to move to Alert Level 2
The EMA says the economy needs a return to Alert Level 2 on May 12 to get business back to work and kick-start the country’s economic engine. Chief Executive Brett O’Riley says what this week at Alert Level 3 has shown is that the vast majority of businesses are taking a responsible approach to health and safety practices in the workplace and we can expect that to continue under Level 2. “Unless there’s a compelling reason not to, the Government should announce on May 11 that we are moving immediately from Alert Level 3 to Alert Level 2,” says Mr O’Riley. He says that any extra time at Alert Level 3 will sink a number of businesses that have only just been holding on, with further detrimental flow-on effects for their people and the economy. “We’ve already seen a number of businesses going to the wall and a significant jump in the numbers of unemployed – we know that more businesses are certain to fold.” “With no sign yet of any cashflow assistance package from the government we’ll see many more SMEs and some larger companies make the tough decision to close if there is a further extension of Alert Level 3 restrictions, says Mr O’Riley. “The health arguments have rightly and understandably held sway in beating back this virus and businesses have complied well with Levels 4 and 3. It’s now time to trust them to continue work within Level 2 guidelines, allowing the bulk of the economy to get back underway while maintaining the required vigilance under the health guidelines.” “But it’s time for business to start recovering its health.” A quick online survey of EMA members showed that only eight per cent of those who took part did not have a health and safety plan in place […]