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13 May 2025 15:57
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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
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     12 May: More than 2600 grocery items jumped up in price last month
     12 May: Organised crime, cash jobs, and underreported income are making up New Zealand's black market
     10 May: The UK and the US have sealed a new tariff deal
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