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15 May 2025 10:39
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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: 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
     14 May: ANZ's reacting staunchly to a Consumer survey ranking them poorly among customers
     14 May: Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever'
     14 May: PAK'nSAVE has scored best for a second month - in international supermarket price comparisons
     14 May: A planned three billion dollar inland port in Otago hopes to support soaring freight volumes in the region
     14 May: The Finance Minister says changes are coming for New Zealanders' KiwiSaver in the Budget next week
     Top Stories

    RUGBY RUGBY
    A Super Rugby call-up for former Canterbury first-five Alex Harford More...

    BUSINESS BUSINESS
    New Zealand's only aluminium recycler may close because of a gas shortage More...


     Today's News

    		 National:
    Whatever happened to Barbie’s feet? Podiatrists studied 2,750 dolls to find out 10:27

     Rugby:
    A Super Rugby call-up for former Canterbury first-five Alex Harford 10:27

     National:
    Two lizard-like creatures crossed tracks 355 million years ago. Today, their footprints yield a major discovery 10:17

     Entertainment:
    Meghan, Duchess of Sussex learned about "running a team" when she studied theatre in college 10:07

     National:
    Can we confront cancel culture by finding common ground between moderate leftists and ‘wokists’? 10:07

     Law and Order:
    Singer Cassie tells court she 'felt trapped' by Sean 'Diddy' Combs's sex tape threats 10:07

     Business:
    New Zealand's only aluminium recycler may close because of a gas shortage 10:07

     Entertainment:
    Cannes Film Festival has officially banned "nudity" and "voluminous outfits" on its red carpets 9:37

     Law and Order:
    A person's seriously injured after a fight in Bay of Plenty's Katikati, with the offenders fleeing the scene 9:27

     Accident and Emergency:
    Multiple fire crews are expected to remain at the scene of a hay shed blaze, west of Ashburton, for much of the day 9:17

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