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26 Feb 2026 0:24
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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
     25 Feb: Meridian says mother nature has come to party and helped turn their finances around
     25 Feb: Woolworths New Zealand's revenue has increased to 4.41 billion dollars
     25 Feb: Meridian's strong bounce-back in the second half of last year has renewed talk of hydro expansion
     25 Feb: Critical support's rolling out to at-risk regional airlines - with Golden Bay Air announced as a first loan recipient
     25 Feb: A sharp drop in alcohol production last year - although spirits had a small lift
     25 Feb: Four years of war in Ukraine leaves Russia a 'spent force' with diminished influence, analyst says
     24 Feb: Mercury's achieved a strong return to profit
     Top Stories

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    Wallace Sititi is back for the Chiefs for their Super Rugby final rematch against the Crusaders in Hamilton on Saturday More...


    BUSINESS BUSINESS
    Meridian says mother nature has come to party and helped turn their finances around More...



     Today's News

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    Entertainment:
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    Entertainment:
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    Environment:
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    International:
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    Entertainment:
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    Entertainment:
    The BBC has apologised for a racial slur shouted during the 2026 BAFTAs ceremony 19:21


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