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15 May 2025 20:17
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      Home > News > Business

    More than 850 million dollars is still owing in loans through the Covid Small Business Cashflow Scheme - issued in 2020

    More than 850 million dollars is still owing in loans through the Covid Small Business Cashflow Scheme - issued in 2020


    Inland Revenue says businesses are now reaching their cut-off point.

    More than 129-thousand businesses were lent a total two-point-four-billion-dollars.

    As of the end of April, 64 thousand had repaid in full.

    Inland Revenue says any amounts not paid by next month will be in default.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     15 May: Up to 15 metro-style Briscoe and Rebel Sport stores will be popping up across the country - in a bid to pump up Briscoes group's profitability
     15 May: The housing market's cooling - as winter nears
     15 May: A whopping 65.3 percent rise for butter is causing pain at the checkout
     15 May: The Government says it's aiming to invest in social services early, to prevent future harm and save costs
     15 May: The property market is slowing down despite an increase in sales
     15 May: New Zealand's only aluminium recycler may close because of a gas shortage
     15 May: Net migration is expected to stay low - with global affairs keeping many people where they are
     Top Stories

    RUGBY RUGBY
    Jorja Miller's Black Ferns 15s test debut will wait another week More...

    BUSINESS BUSINESS
    Up to 15 metro-style Briscoe and Rebel Sport stores will be popping up across the country - in a bid to pump up Briscoes group's profitability More...


     Today's News

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     Business:
    Up to 15 metro-style Briscoe and Rebel Sport stores will be popping up across the country - in a bid to pump up Briscoes group's profitability 18:57

     Entertainment:
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     International:
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     Entertainment:
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     International:
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