Tourism, hospitality industry groups push for rent subsidies

Tourism, hospitality industry groups push for rent subsidies
Dan Brunskill
Tourism and restaurant sector representatives today warned huge job losses were imminent and appealed to the parliamentary epidemic response select committee for further subsidies to offset rents for struggling firms.Tourism Industry Association chief executive Chris Roberts told MPs some of his members had negotiated arrangements with their landlords and could see a “route for survival,” but others had landlords refusing to offer relief and those firms couldn't see a way to keep trading.“They may be using the wage subsidy to help out staff, bu...

More Economy

Falling rates yet to put dent in mortgage arrears
Economy

Falling rates yet to put dent in mortgage arrears

Mortgage arrears rose to 24,000 people in March.

The rise of the machines and financial stability
Economy

The rise of the machines and financial stability

AI presents both opportunities and risks.

Rebecca Howard 05 May 2025
Jobs data and financial stability report in focus
Economy

Jobs data and financial stability report in focus

The RBNZ's Financial Stability Report is also on Wednesday. 

Rebecca Howard 05 May 2025
There is no free lunch when it comes to austerity
Economy

Cameron Bagrie: There is no free lunch when it comes to austerity

Budget 2025: Education and defence are expected to gain increased investment.

Cameron Bagrie 01 May 2025