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14 May 2025 11:21
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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: 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
     13 May: Assurances Meridian Energy's takeover of Flick Electric won't impact electricity prices
     13 May: The Government's refusing to budge on an Auckland bed tax
     13 May: Economists are keeping a close eye on how global trade uncertainty plays out
     Top Stories

    RUGBY RUGBY
    The legend of Jonah Lomu continues in the northern hemisphere More...

    BUSINESS BUSINESS
    A planned three billion dollar inland port in Otago hopes to support soaring freight volumes in the region More...


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