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13 May 2025 18:44
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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
     13 May: Meridian Energy is paying 70 million dollars to buy Z Energy's electricity retail business - Flick Electric
     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
     12 May: Why a job 'that's just a job' works for these people
     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
     Top Stories

    RUGBY RUGBY
    A word to his All Blacks midfield partner has helped Rieko Ioane make his decision to join Irish club Leinster on a sabbatical next season More...

    BUSINESS BUSINESS
    Meridian Energy is paying 70 million dollars to buy Z Energy's electricity retail business - Flick Electric More...


     Today's News

    		 Entertainment:
    Tom Hardy is "falling to bits" 18:37

     Law and Order:
    Police are adamant they will continue to investigate Deputy Police Commissioner Jevon McSkimming despite his resignation 18:37

     Rugby League:
    The Warriors will be bolstered by the return of James Fisher-Harris to the front row for Saturday's NRL visit to the Dolphins in Brisbane 18:17

     Living & Travel:
    Do you really need a credit card history before applying for a home loan? 18:17

     Entertainment:
    Dame Helen Mirren would love to release a poetry album 18:07

     Soccer:
    A Hollywood-backed football club is coming to play in Wellington 18:07

     Entertainment:
    Matt Goss feels he "[doesn't] really have any support" from his family other than his father and stepfather 17:37

     Rugby:
    A word to his All Blacks midfield partner has helped Rieko Ioane make his decision to join Irish club Leinster on a sabbatical next season 17:37

     Rugby League:
    Meanwhile coach Andrew Webster has reaffirmed his support for hooker Wayde Egan to receive a State of Origin call-up for New South Wales 17:27

     Entertainment:
    Meghan, Duchess of Sussex enjoyed a "very fun date night" with her husband Prince Harry at a Beyonce concert 17:07

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