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14 May 2025 15:36
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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

    12 May 2025
    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
     14 May: Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever'
     14 May: New Zealand's most profitable bank - is also favoured least by customers
     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
     14 May: American fried chicken chain Popeyes has its sights set on Christchurch
     13 May: Belief injecting taxpayer dollars into venture capital - has a high risk
     Top Stories

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    BUSINESS BUSINESS
    Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever' More...


     Today's News

    		 Law and Order:
    An LA judge has resentenced two brothers serving life in prison - with no parole - for murdering their parents in 1989 15:27

     Entertainment:
    James Middleton offered "unconditional" support to his sister Catherine, Princess of Wales during her battle with cancer 15:07

     Education:
    A key Nelson road is closed with nearby schools in lockdown - as Police converge on the area, but says it's not believed there's any threat to public safety 14:57

     Business:
    Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever' 14:57

     Basketball:
    The Indiana Pacers will return to the NBA's eastern conference finals after wrapping up their semi-final series against the top-seeded Cleveland Cavaliers 14:57

     Entertainment:
    Jamie Lee Curtis is proud of her 41-year marriage to Christopher Guest because there were so many divorces in her family 14:37

     Athletics:
    The dreaded beep test: outdated or still a valid assessment of your fitness? 14:17

     Entertainment:
    Wynonna Judd only learned the identity of her biological father when she was 30 14:07

     Business:
    New Zealand's most profitable bank - is also favoured least by customers 13:47

     Business:
    PAK'nSAVE has scored best for a second month - in international supermarket price comparisons 13:47

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