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Publishing Wage Subsidy Information

As you know, details of the businesses that have received the COVID-19 Wage Subsidy and Extension are published on our website. What's published and why The...

ACC helping ease the Burden on Business

Businesses are facing unprecedented financial pressures as a result of COVID-19. Where possible ACC is taking practical steps to provide what respite and support...

Small Businesses Contribute more to Construction Industry Profits.

The operating profit of small construction businesses (those with 1 to 19 employees) increased by $1.25 billion between 2011 and 2019 to $1.97 billion....

Hospitality Businesses have more Short-Term Debt than Cash and Assets

As New Zealand businesses headed into trading restrictions caused by COVID-19, those in hospitality did not have a significant amount of assets available to...

Apprenticeship Support Programme

The Government’s Apprenticeship Support Programme was announced yesterday. This programme will fund four initiatives to help employers to retain and bring on new apprentices. ...

Global Share Market drop knocks New Zealand’s International Net Worth

New Zealand’s seasonally adjusted current account deficit narrowed $372 million to $1.6 billion in the March 2020 quarter, Stats NZ said today. The smaller deficit...

COVID-19: Wage Subsidy Extension Eligibility Tool

Wage Subsidy Extension Eligibility Tool Government announced a wage subsidy extension, which follows the initial wage subsidy scheme that was open from 17 March to...

Card Spending Partially Rebounds from April’s Record Low

Retail card spending bounced back by $2.3 billion in May from extremely low levels in April as businesses re-opened after the COVID-19 level 4...

Fewer People to Face End of Year Tax Bills

The Government is moving to ease financial stress for around 149,000 taxpayers by changing the rules around write-offs for tax debt. “Fewer people will have...