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24 Jan 2026 2:09
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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
     23 Jan: An expectation the official cash rate will be held steady as inflation is higher than expected
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     23 Jan: Dairy farmers could be in an earlier-than-expected pay day
     23 Jan: The latest rise in inflation may be unexpected - but many will have felt its impact
     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?
     23 Jan: New Zealand's tourism rebound continues to gain pace
     Top Stories

    RUGBY RUGBY
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson More...


    BUSINESS BUSINESS
    An expectation the official cash rate will be held steady as inflation is higher than expected More...



     Today's News

    Accident and Emergency:
    A person's been found dead at a Clutha address this evening - along with another person in a critical condition 21:57

    Christchurch:
    A pedestrian's seriously injured after being struck by a car on Christchurch's Riccarton Avenue about 10 to seven this evening 21:17

    International:
    Paris Hilton brings sex tape story to Washington for AI deepfake porn fight 21:07

    Environment:
    The Mount Maunganui tragedy reminds us landslides are NZ’s deadliest natural hazard 20:07

    Business:
    An expectation the official cash rate will be held steady as inflation is higher than expected 18:57

    Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

    Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

    Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

    Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

    Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27


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