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25 Jun 2025 10:10
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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
     25 Jun: Playful or harmful? David Seymour’s posts raise questions about what’s OK to say online
     25 Jun: Several changes to Otago public transport could be on the way
     25 Jun: Proposed amendments to the Overseas Investment Bill have passed their first reading in Parliament
     24 Jun: Advice for tenants before Healthy Homes standards kick in
     24 Jun: New Zealand First is drafting a single Ngapuhi Treaty of Waitangi settlement claim
     23 Jun: The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand
     23 Jun: The Acting Prime Minister's pushing back on criticism New Zealand's sitting on the fence when it comes on the conflict in the Middle East
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    Proposed amendments to the Overseas Investment Bill have passed their first reading in Parliament More...



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