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6 Jan 2026 18:30
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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
     06 Jan: Don't expect house prices to skyrocket this year, like they have in years prior
     06 Jan: New Zealand home values have continued to fall in the past year - but two major centres have bucked the trend
     05 Jan: The Deputy Privacy Commissioner is urging people whose data may have been compromised in major breaches - to take immediate precautions
     05 Jan: Hopes the ASB Tennis Classic will be the first of many strong events on the Auckland calendar
     04 Jan: Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack
     03 Jan: The operators of patient portal Manage My Health are assuring users it systems are secure
     03 Jan: Tesla has lost its title as the world's best-selling electric vehicle maker
     Top Stories

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    It's au revoir for AJ Lam after the upcoming Super Rugby season More...


    BUSINESS BUSINESS
    Don't expect house prices to skyrocket this year, like they have in years prior More...



     Today's News

    Entertainment:
    Ellie Goulding has been awarded an MBE in King Charles' New Year Honours List 18:23

    International:
    Top Trump advisor refuses to rule out military action to take over Greenland 18:17

    International:
    Who is Cilia Flores? The woman by Nicolás Maduro's side until Donald Trump threw them in detention 18:17

    Living & Travel:
    A huge search is still underway for a missing tramper in Tasman's Kahurangi National Park 18:07

    Entertainment:
    Alice Cooper has a "perfect marriage" 17:53

    Environment:
    There's magic in the air, with the first kakapo breeding season in four years officially underway 17:27

    Entertainment:
    Cary Elwes "can finally put [his] grief into words" after Rob Reiner's death 17:23

    International:
    Venezuela left as 'potential powder keg' after Maduro capture, experts say 17:07

    Cricket:
    The Auckland men have gone top of the T20 Super Smash table with a crushing 88-run win over the Volts on Eden Park's outer oval 16:57

    Health & Safety:
    The first group of General Practices with patients affected by the Manage My Health cyber attack, have been notified 16:57


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