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30 Mar 2024 4:26
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  •   Home > News > Living & Travel

    Fewer businesses are expected to claim the wage subsidy this time round

    Fewer businesses are expected to claim the wage subsidy this time round


    The entire country's at Covid-19 alert level four for three days, apart from Auckland and the Coromandel peninsula, which are probably at that level for a week.

    The wage subsidy will be reinstated from Friday if the country's still in lockdown, with businesses able to apply if they anticipate a 40 per cent loss of revenue.

    Infometrics head forecaster Gareth Kiernan says two thirds to three quarters of businesses were eligible for the wage subsidy during last year's lockdown.

    He says it's a bit tougher this time round, but thinks about half of all businesses could apply.

    © 2024 Newstalk ZB, NZCity

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    The Chiefs are backing young first-five Josh Jacomb to step up in tonight's Super Rugby clash against the Crusaders in Christchurch More...


    BUSINESS BUSINESS
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria More...



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