New Zealand's biggest retirement village business, Ryman Healthcare, is repaying its 14.2 million dollar wage subsidy - in line with others in the sector
New Zealand's biggest retirement village business, Ryman Healthcare, is repaying its 14.2 million dollar wage subsidy - in line with others in the sector
16 December 2020
Sales rebounded after this year's lockdowns.
Metlifecare, Summerset Group and Arvida all announced repayments, sparking questions over why Ryman and Oceania hadn't.
The four listed retirement business have now confirmed they are paying back the money.
Only Oceania Healthcare is keeping its wage subsidy - 1.8 million dollars.
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