Covid-19 total will reach 'several thousand' before abating: Ardern
The total number of covid-19 cases will climb into the thousands in the next couple of weeks as the country heads into a four-week lockdown from just before midnight tonight, Prime Minister Jacinda Ardern said."This will get worse before it gets better," she told a limited sittin...
One at a time at the dairy; NZ Steel and pulp mills curtailed
Officials working frantically on the definition of 'essential' service businesses issued a new round of definitions last night while trade union leaders lambasted reports that some employers are forcing employees to take annual and sick leave during the four-week national lockdow...
Govt guarantees $6.25b emergency business lending; mortgage holiday coming
Trading banks are being offered government guarantees on a maximum of $6.25 billion in new lending to "solvent businesses" to help tide them over the economic hit caused by the covid-19 crisis.The government will bear 80 percent of the credit risk of that lending, with the remain...
Wage subsidies extended; business loans, mortgage support coming
The government has scrapped the $150,000 upper limit a business can claim under the covid-19 wage subsidy scheme as part of a wider package of new initiatives to make credit available to viable firms and take the pressure off home mortgage payments.Finance Minister Grant Robertso...
.png)
Prev
