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2 Jul 2025 8:19
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      Home > News > Politics

    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


    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 Politics News
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     01 Jul: Foodstuffs is trialling the use of reusable plastic deli containers in six stores
     01 Jul: The Finance Minister says changes to the FamilyBoost scheme are on their way
     30 Jun: Among all Israel's targets in Iran, the strikes at Evin Prison left some people 'in disbelief'
     30 Jun: Excitement over expected changes to the way authorities deal with retail crime
     30 Jun: Hopes new offences will curb the number of attacks on prison staff
     29 Jun: A plea to keep Auckland's Takapuna golf course open, from one the country's best known golfers
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    BUSINESS BUSINESS
    The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code More...


     Today's News

    		 Tennis:
    A grim day for the third men's and women's seeds at Wimbledon 8:07

     National:
    Why frequent nightmares may shorten your life by years 8:07

     Auckland:
    Fire crews have extinguished a fire at an apartment building in Auckland's CBD 8:07

     Entertainment:
    Dame Anna Wintour is stepping down as the editor-in-chief of American Vogue 8:06

     Business:
    The Commerce Commission's issued a warning to Foodstuffs North Island, over an alleged breach of the Grocery Supply Code 7:57

     Tennis:
    Defending champion Barbora Krejcikova has advanced to the second round at Wimbledon in three sets over Alexandra Eala  7:47

     Law and Order:
    A defence lawyer says removing jury trials would breach centuries of constitutional law 7:37

     Entertainment:
    Sean 'Diddy' Combs has been accused of being the "leader of a criminal enterprise" 7:36

     Law and Order:
    Auckland Police have cordoned off Ponsonby's Renall Street, following an incident overnight 7:27

     Motoring:
    Plans to reshape transport in central Dunedin to provide better access to the city's new hospital 7:17

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