Govt announces $7.5M support package for small business hit by quake

Thu, 17 Nov 2016

By Paul McBeth Nov. 17 (BusinessDesk) - The government has announced a staff support subsidy for small businesses facing a dramatic slump in turnover after this week's 7.8 magnitude earthquake that's stranded the coastal town of Kaikoura. Economic Development Minister Steven Joyce and Social Development Minister Anne Tolley today announced an eight-week subsidy for firms with fewer than 20 staff in Kaikoura, Cheviot, Waiau, Mt Lyford and Ward to ensure those businesses can keep people on the payroll. The measure is a temporary one and ma...

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