Subscribe today - find out more
Why you should consider BusinessDesk
Coronavirus

Covid kitty: we'll borrow more if we have to, Robertson says

Andy Fyers
Wed, 18 Aug 2021

The wage subsidy is live once again and will help shuttered businesses pay their staff. (Source: Getty)
Andy Fyers
Wed, 18 Aug 2021
Finance minister Grant Robertson says there is plenty of covid relief funding available to cover wage subsidies in the current lockdown and the government would simply borrow more to cover a longer lockdown if it had to.“We have got more than enough money set aside to deal with the current lockdown,” he told BusinessDesk. The most up-to-date estimate has $4.7 billion left in the covid relief funding announced last year, which in total came to $62.5b of government support for businesses, wage and salary earners and a host of gov...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Sport
Why US private equity still sees a silver lining in the All Blacks
Trevor McKewen | Sat, 16 Oct 2021

 Silver Lake has been battered from pillar to post in the great Kiwi rugby debate. So, why is it not giving up?

On the Money
On the Money: John Key, car boss's big bonus, Chris Meehan, and more
Rebecca Stevenson | Sat, 16 Oct 2021

OTM this week: who is the go-to lawyer for high net worth New Zealanders, can this listed company boss rev up his firm, which tech exec is living la vida normal, and more.

Opinion
Has Rob Everett thrown a hospital pass?
Brian Gaynor | Sat, 16 Oct 2021

Samantha Barrass, Rob Everett’s successor at the FMA, may have a baptism of fire.

Sponsored
Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Sponsored
Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.