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25 Apr 2024 12:19
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  •   Home > News > Politics

    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.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     25 Apr: Solomon Islands election counting complete, as negotiation process to find a prime minister kicks off
     25 Apr: It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans
     25 Apr: Chris Hipkins says veteran support is an area of unfinished business for him
     25 Apr: Some tourist hotspots across New Zealand will be exempt from Anzac trading laws this morning
     25 Apr: The ABS won't be asking about ethnicity at the next census. Why do some experts say it's important?
     25 Apr: Children's Minister Karen Chhour won't need to front the Waitangi Tribunal
     24 Apr: After a shock announcement in March, the Ministry for Disabled People has clarified its changes to spending rules
     Top Stories

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    The Warriors have former Wallabies coach Dave Rennie to thank for helping turn the NRL side's team culture around More...


    BUSINESS BUSINESS
    It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans More...



     Today's News

    Law and Order:
    A man is facing multiple charges in Whakatane court today, after allegedly taking three people hostage and firing at Police last night 12:07

    Entertainment:
    Tiffany Haddish secretly taunts her trolls from a fake X account 12:03

    Politics:
    Solomon Islands election counting complete, as negotiation process to find a prime minister kicks off 11:37

    Entertainment:
    Justin Bieber has said he will see rapper Chris King "in paradise" after the singer was shot dead 11:33

    Business:
    It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans 11:07

    Soccer:
    Everton beats Liverpool in Merseyside Derby in devastating blow to Reds' Premier League title hopes 11:07

    Entertainment:
    Halle Bailey is so deep in the grip of "severe" postpartum depression she feels like she's drowning and suffers dissociation from her body 11:03

    Living & Travel:
    Wellington train services will NOT be running today - or this weekend - due to maintenance 10:47

    Entertainment:
    Céline Dion feared it was her "fault" she had been afflicted with Stiff Person Syndrome when she was first diagnosed with the rare condition 10:33

    Soccer:
    An ill-disciplined Liverpool have been stunned 2-nil by Everton in the Merseyside derby at Goodison Park, with major ramifications for their Premier League title hopes 10:27


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