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17 Jun 2025 6:33
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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
     16 Jun: Leonard Lauder, eldest son of Estée Lauder founders and former CEO, dies aged 92
     16 Jun: Three Auckland property owners have been fined more than 40-thousand-dollars between them, for serious breaches of the Resource Management and Building Acts
     16 Jun: A site in Wellington's Happy Valley is set to be transformed into a new bus depot
     16 Jun: A push to make more Northland homes warm and dry this winter
     14 Jun: Global trade disruptions pose the biggest threat to New Zealand's economic recovery
     14 Jun: Kiwibank is suggesting more OCR cuts are needed to revive the economy
     13 Jun: A solar panel wholesaler believes the government's new power policies are a win for all
     Top Stories

    RUGBY RUGBY
    The Chiefs are applauding the refereeing appointment for Saturday's Super Rugby final against the Crusaders in Christchurch More...

    BUSINESS BUSINESS
    Leonard Lauder, eldest son of Estée Lauder founders and former CEO, dies aged 92 More...


     Today's News

    		 Law and Order:
    Revelations the mental health patient gardener who killed a Christchurch 83-year-old in her own home, had killed before 5:37

     Rugby:
    The Chiefs are applauding the refereeing appointment for Saturday's Super Rugby final against the Crusaders in Christchurch 5:37

     Entertainment:
    Selena Gomez has joked her sister loves her "auntie" Taylor Swift more than her 21:59

     Golf:
    American golfer JJ Spaun has delivered a putt for the ages in clinching his first major crown at the US golf Open at Oakmont 21:57

     Entertainment:
    Eric Dane doesn't feel his ALS diagnosis means "the end" 21:29

     Law and Order:
    Auckland Airport customs has seized 7.5-million dollars worth of meth from the United States 21:17

     Law and Order:
    Fatal shooting of Samoan fashion designer Afa Ah Loo at the anti-Trump rally has left community in shock 21:07

     Entertainment:
    Nelly and Ashanti "hated" each other before getting back together 20:59

     Entertainment:
    Sabrina Carpenter finds it "tricky" to have her relationships discussed online because she doesn't need opinions from "a bunch of strangers" 20:29

     Entertainment:
    Sean 'Diddy' Combs is reading a self-help book during his trial 19:59

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