payment holiday

PHOTO: Janinda Adern – Getty

Prime Minister Jacinda Ardern says the Government has “tried our best” to help out renters who’ve lost their jobs or had their incomes cut thanks to the coronavirus lockdown.

Economists are predicting as many as 200,000 Kiwis could end up jobless as a result of the COVID-19 pandemic, which has seen businesses close their doors and workers kept at home in an attempt to stop the deadly SARS-CoV-2 virus from spreading.

While mortgage-holders who lose income have been offered payment holidays, renters fear they’ll have to keep on shelling out regardless. The Government has banned rent increases and put most eviction criteria on hold, but not mandated any payment holidays.