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26 Jan 2026 7:23
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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

     Other Business News
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     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     23 Jan: We could see our interest rates rise sooner than we hoping for, after the latest increase in inflation
     23 Jan: Inflation's risen again - and is now back above the Reserve Bank's target range
     23 Jan: Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready?
     Top Stories

    RUGBY RUGBY
    The New Zealand women's hockey team have lost 2-1 to the United States in the final of their international tournament in Dunedin - after also losing to them earlier in the week More...


    BUSINESS BUSINESS
    US copied Iran's Shahed drones — now they are deployed in the Middle East More...



     Today's News

    Politics:
    Gloriavale is taking the decision to close its school to the courts, and it will remain open for the time being 7:17

    Living & Travel:
    Prime Minister Chris Luxon joined the Mount Maunganui community last night, paying tribute to those presumed dead in Thursday's slip 6:27

    Hockey:
    The New Zealand women's hockey team have lost 2-1 to the United States in the final of their international tournament in Dunedin - after also losing to them earlier in the week 4:47

    Accident and Emergency:
    A determination from emergency services to continue the recovery at Mount Maunganui as soon as possible 4:37

    Law and Order:
    A 29 year old man has been charged with kidnapping after an incident in Blenheim yesterday morning 21:17

    International:
    A second person has been shot dead by federal agents in Minneapolis. Here's what we know 19:37

    Motoring:
    Snell street in Waikato's Morrinsville, is closed following an earlier crash 18:57

    Skiing:
    Scotty James wins fifth-straight X-Games superpipe gold ahead of Milano Cortina Games 18:47

    Rugby:
    Japan international rugby coach Eddie Jones believes league is making big inroads into rugby's traditional domain 18:37

    Soccer:
    The Wellington Phoenix women have rocketed from 9th to second on the congested A-League ladder...after beating Adelaide United 3-1 at home in Porirua 18:07


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