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16 Dec 2025 19:34
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     16 Dec: The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black
     16 Dec: Cocaine use continues to soar in New Zealand
     16 Dec: A new record median house price for Canterbury
     16 Dec: Consumer spending has been down for the first 14 days of December - 0.3 percent lower than last year
     16 Dec: The Government's making moves to acquire properties for North Canterbury's Woodend Bypass
     16 Dec: New data shows the service sector has now dipped in activity for six months in a row
     16 Dec: The services sector is blaming the weak economic environment for a downturn in activity
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    BUSINESS BUSINESS
    The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black More...



     Today's News

    Entertainment:
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    Living & Travel:
    Deciding to get a pet when I didn't think I could 18:57

    Soccer:
    Auckland FC defender Callan Elliott's reflecting on a moment he'd like to forget 18:57

    Entertainment:
    Ozzy Osbourne was told he might not survive Black Sabbath's reunion gig 18:50

    Entertainment:
    Rob Reiner's classic films and the lines that have endured 18:37

    Cricket:
    Black Caps batter Devon Conway will be the first player under the hammer when tonight's IPL cricket auction begins at 10pm in Abu Dhabi 18:37

    Boxing:
    Anthony Joshua has found clarity ahead of Jake Paul Netflix boxing match 18:27

    Entertainment:
    Meghan, Duchess of Sussex has written a letter to her father Thomas Markle as he recovers after having his leg amputated 18:20

    Law and Order:
    A woman accused of interfering with human remains after a dead baby was found in an Auckland wheelie bin in July - can now be named as Chanelle Smith 18:07

    Business:
    The Finance Minister's ruling out further cuts to new borrowing next year to get the Government books back to black 17:57


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