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29 Dec 2025 14:19
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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

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     27 Dec: A Lotto ticket bought at Green Bay New World in Auckland is now worth $5.5 million
     27 Dec: A lack of regulation in the cleaning industry has some contractors earning less than minimum wage
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     27 Dec: Auckland's public transport users will have one less option from today
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    BUSINESS BUSINESS
    Melbourne could be facing water-restrictions from low-rainfall, a dry summer, and high water-use More...



     Today's News

    Soccer:
    Wellington Phoenix women's coach Bev Priestman is crediting national team performances, after signing Football Fern Emma Pijnenburg  14:07

    Politics:
    Chris Hipkins says he's without a doubt leading the Labour Party through next year's election 14:07

    Cricket:
    White Ferns allrounder Amelia Kerr has brought up a half-century with a six, as her Wellington Blaze bat first against the Auckland Hearts at the Basin Reserve 14:07

    Accident and Emergency:
    A mum and two teenagers saved an elderly man who collapsed on a hike near Thames last night 13:47

    Motoring:
    A person's seriously injured after a crash, where a car rolled in Christchurch's city central 13:27

    National:
    Donald Trump’s first step to becoming a would-be autocrat – hijacking a party 13:07

    International:
    Volodymyr Zelenskyy says progress made on peace deal, but Donald Trump says 'thorny issues' remain 13:07

    Basketball:
    To the US NBA in Canada .. 13:07

    Law and Order:
    One man's due in court today, and Police are looking for others, after two serious brawls in Auckland yesterday 12:37

    Basketball:
    NBA champions the Oklahoma City Thunder have seen off the visiting Philadelphia 76ers 129-104 12:27


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