News | Business
11 Jan 2025 6:32
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    More financial support for struggling businesses, from next week

    More financial support for struggling businesses, from next week


    But the Government's raised the entry barrier - in a bid to target the hardest-hit sectors like hospitality and events.

    Businesses must prove they've seen a 40 percent drop in revenue in the six-weeks before February 15.

    Finance Minister Grant Robertson says it's similar to the Resurgence Payment.

    He says the Covid Support Payment will be four-thousand dollars for each business, and 400-dollars fortnightly for each full-time employee, capped at 24-thousand dollars.

    The cash will be dished out over a six-week period.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     10 Jan: It's been a slow end to the year for one of our largest retail companies
     10 Jan: New findings point to the huge positive impact the construction industry could have on the environment
     10 Jan: Slow construction growth should improve into this year
     09 Jan: New Otago University research has found not all unwanted food is able to be re-purposed in a sustainable way
     09 Jan: Travellers through Northland can expect disruption as a large road restoration programme rolls on
     09 Jan: Uncertainty over what's next for Wellington's now sold Reading Cinema Complex
     08 Jan: Safe drinking advocates are celebrating, over a licensing decision refusing 'buy now, pay later' schemes in bottle stores
     Top Stories

    RUGBY RUGBY
    Wallabies utility Kurtley Beale has returned to the Western Force with a view to playing later in the Super Rugby season More...


    BUSINESS BUSINESS
    It's been a slow end to the year for one of our largest retail companies More...



     Today's News

    Entertainment:
    Lisa Kudrow's marriage to Michel Stern is "not a romance" after 30 years 6:19

    Cricket:
    Canterbury's thumped Auckland by 41 runs in their men's T20 Super Smash match in Christchurch 4:46

    International:
    LA fires live updates: Wildfire death toll rises as National Guard arrives in LA to deter looting 22:06

    Law and Order:
    One prisoner's in a serious condition, after they lit a fire in a cell at Spring Hill Corrections Facility in the Waikato, this afternoon 21:56

    Entertainment:
    Paris Jackson is celebrating five years of sobriety 21:49

    Environment:
    Los Angeles wildfires death toll rises as Palisades and Eaton blazes remain uncontained 21:47

    Entertainment:
    Sharon Stone is "choosing to be happy" after her past traumas 21:19

    Law and Order:
    One person's in a serious condition, after an incident at Spring Hill Corrections Facility in the Waikato 21:16

    International:
    Jimmy Carter's granddaughter married an Aussie 'playboy'. Here's how he won over the ex-president 21:07

    Entertainment:
    Meghan, Duchess of Sussex has announced the death of her rescue dog 20:49


     News Search






    Power Search


    © 2025 New Zealand City Ltd