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Rental support could cost 'as little' as $150m

Brent Melville
Thu, 02 Sep 2021

Out of the club, Coffee Club Skyworld shut after rental disputes. (Image: Supplied)
Brent Melville
Thu, 02 Sep 2021
A rental support package to help small businesses get through covid restrictions would run at about $150 million a month, says National shadow treasurer Andrew Bayly.That would be enough to help keep businesses with less than 19 staff afloat and was “pretty reasonable" when compared to the $1.6 billion the government was currently spending per week on covid support, Bayly told BusinessDesk.National wants the Crown to stump up 50% of the rent for those firms that already qualify for the wage subsidy or have suffered a 40% reduction in...

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Bar owner borrowed $30k to cover wage subsidy delays
Michael Andrew | Fri, 17 Sep 2021

Shaneel Sudhakar faced a 22-day delay in payment of the wage subsidy.

Bridgecorp’s death knell a timely warning
Paul McBeth | Fri, 17 Sep 2021

A new generation of investors would do well to wander through the corporate graveyard of yesteryear.

Time to call in a delta 'Red Team' - Gluckman
Brent Melville | Fri, 17 Sep 2021

Professor Peter Gluckman and former PM Helen Clark  and think an independent team of experts could help sanity test Wellington's covid strategy.

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