Who repaid the wage subsidy?

Who repaid the wage subsidy?
Andy Fyers
Meat companies and an engineering consultancy are among the companies to have made the biggest repayments of the wage subsidy to date, although they'll be topped by The Warehouse when the retailer returns its subsidy. Silver Fern Farms, which repaid $43 million – the full amount it claimed – had made the biggest repayment, followed by another meat company, Alliance Group, which recently announced it intended repay its full $34 million claim. BECA Consolidated Group, an engineering firm, had the next largest repayment o...

More Economy

High bar for July rate cut – ASB
Economy

High bar for July rate cut – ASB

July cut can't be ruled out but there is value in waiting, ASB says. 

Rebecca Howard 04 Jun 2025
RBNZ expects rates to go lower
Economy

RBNZ expects rates to go lower

The central forecast and the two alternatives all have rates dipping below 3%. 

Rebecca Howard 03 Jun 2025
RBNZ 25bps rate cut wasn't unanimous
Economy

RBNZ 25bps rate cut wasn't unanimous

The vote was 5 to 1 to cut by 25 basis points. 

Rebecca Howard 28 May 2025
RBNZ cuts, signals more to come
Economy

RBNZ cuts, signals more to come

Risks around the economic outlook are heightened. 

Rebecca Howard 28 May 2025