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Explore the latest government news by BusinessDesk.
Policy
Govt's bank-administered business loans still tiny
Lending under the government's bank-administered $6.25 billion business finance guarantee scheme continued at a snail's pace through June, in sharp contrast to its other small business lending scheme overseen by the Inland Revenue Department. The latest data from the New Zeala...
Policy
Govt freezes ACC levy rates for two years
Accident Compensation Corp levy rates will be frozen for the next two years to help ease the financial pressures of covid-19, the government said. “We're taking practical steps to support levy payers throughout these difficult times, while also safeguarding the ACC scheme,” AC...
Policy
ELECTION 2020: IRD-as-bank small business loan scheme extended to end of year
The government's highly popular small business loan scheme, using the Inland Revenue Department as a de facto bank, is to be extended to Dec. 31 as the government announces its latest move to try and shore up business confidence against the economic threat of the covid-19 pandemi...
Policy
Local voice, environment key for Green's RMA reform support
Local involvement and environmental bottom-lines will be key to the Green Party's support to any future reform of the Resource Management Act, co-leader James Shaw said. Last night, the party voted against a government bill to fast-track consent approvals for infrastructure p...
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