Subscribe today - find out more
Why you should consider BusinessDesk

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...

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

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion FREE
Why workers should have the right to remain private
Alastair Espie | Tue, 28 Sep 2021

No one should be discouraged from taking legal action against a bad employer because of the threat of public naming.

Wellington's SaferMe built it and they came
Jenny Ruth | Tue, 28 Sep 2021

Companies coping with covid-19 in the United States became aware of the SaferMe software and wanted to buy it.

Law & Regulation
Epidemic lease clause a 'kick in the teeth'
Brent Melville | Tue, 28 Sep 2021

Surprise move to insert a clause into commercial leases for covid business disruption came without consultation, property council says.

Partner Content
What are the implications of China's Evergrande crisis?

Evergrande's rapid debt fuelled growth is a snapshot of what has occurred in the broader Chinese property market and it is now caught in the cross currents of important Chinese policy changes.

C-Suite vs C-19: Corporate leadership in a pandemic world

Corporate executives have a fresh opportunity to shine as business leaders by adapting to change and embracing risk.