More financial support for struggling businesses, from next week
More financial support for struggling businesses, from next week
21 February 2022
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.
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