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16 Feb 2026 18:36
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  •   Home > News > Business

    Welcome relief for employers doing it tough -- in Labour's new economic recovery plan

    Welcome relief for employers doing it tough -- in Labour's new economic recovery plan


    The Small Business Loan Cashflow Scheme is being extended until the end of the year.

    The Government has received 90 thousand applications so far, and paid out over 1.5 billion dollars in loans.

    EMA's head of advocacy Alan McDonald says with the wage subsidy coming to an end soon -- employers will be able to take advantage of both schemes.

    He says it will help businesses who are looking at making hard decisions -- because they are seeing no signs of revenue or demand.

    © 2026 Newstalk ZB, NZCity

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     16 Feb: Strong signs of economic turnaround from the latest half-year results
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     16 Feb: The Prime Minster says he's proud of the India Free Trade Agreement and isn't phased by Labour's raised red flags
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    People didn't reach into their pockets as much as retailers hoped, over summer More...



     Today's News

    Entertainment:
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    'Signal sniffers' used in search for missing person Nancy Guthrie's pacemaker 18:07

    Rugby:
    A Super Rugby referee clanger in round one 18:07

    Entertainment:
    Reese Witherspoon feels "devastated" by James Van Der Beek's death 17:57

    Rugby League:
    NRL boss Andrew Abdo believes the change in State of Origin eligibility rules will help modernise rugby league 17:37

    Business:
    People didn't reach into their pockets as much as retailers hoped, over summer 17:27

    Entertainment:
    Stephen Graham is reportedly set to front a rebrand of Stone Island 17:27

    Basketball:
    The Stars have beaten the Stripes to win the NBA All-Star Game final 47-21 in California 16:57

    Entertainment:
    Sydney Sweeney has "always been tapped into fashion" 16:57

    Entertainment:
    James Van Der Beek's family have reached their GoFundMe target in less than 24 hours 16:27


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