• Giving directors of companies facing significant liquidity problems because of Covid-19 a "safe harbour" from insolvency duties under the Companies Act.
• Enabling businesses affected by Covid-19 to place existing debts into hibernation until they are able to start trading normally again.
• Allowing the use of electronic signatures where necessary because of Covid-19 restrictions.
• Giving the Registrar of Companies the power to temporarily extend deadlines imposed on companies, incorporated societies, charitable trusts and other entities under legislation.
• Giving temporary relief for entities that are unable to comply with requirements in their constitutions or rules because of Covid-19.
Businesses struggling to re-pay debts would be able to put them in "hibernation" for six months. If a company was doing well before Covid-19, it should be okay after, given the Government's support, Robertson said.
It was inevitable some businesses would go into liquidation - but he couldn't say how many. The new rules would help them buy some time, Robertson said.
Robertson said the insolvency legislation would be passed "as soon as possible".
'Early action'
The Government has so far announced close to $25 billion of support in the fight against Covid-19.
He praised his Government's plan to take action early and inject money into the economy.
Some $4.78b from the wage subsidy scheme has been paid out to 800,00 New Zealanders
He said the Government's job was to prove "cover" during this time for everyday Kiwis and businesses.
Robertson urged Fletchers and Unions to work together, amid tensions around payment of staff.
He reiterated that no company should be forcing its employees to take annual leave.
He said he had not received advice to say people should be wearing masks outside their homes, despite a new plan by the US Government.