Debt relief extension a welcome boost for businesses and staff BusinessNZ says a 10-month extension of rules allowing businesses to put their debt on hold will give confidence to companies and their employees.The Government introduced the debt hibernation scheme...
Business, Covid, and the 2020 election Most businesspeople approve of the Government’s handling of the COVID-19 outbreak, but many are uncomfortable with New Zealand’s resultant debt. And business wants a plan for raising economic performance to deal with...
Flexi-wage extension would boost business The Labour Party’s proposed support package to assist businesses in hiring at least 40,000 New Zealanders impacted by Covid-19 is welcomed by BusinessNZ.The Party today announced it would provide targeted support to...
NZ economy: unchartered waters The BusinessNZ Planning Forecast for the June 2020 quarter shows the NZ economy ploughing through unchartered waters in the wake of the Covid crisis, with the worst impacts yet to come.The forecast reveals large reductions in output in...
Livelihoods saved through immigration changes Jobs and businesses will be saved as a direct result of changes made to immigration criteria, ExportNZ Executive Director Catherine Beard says.The Government has announced provisions for people to be able to enter New...
Income Relief Payment a welcome boost The Government’s new temporary payment to support New Zealanders who lose their jobs due to COVID-19 is a welcome boost, BusinessNZ Chief Executive Kirk Hope says.A new COVID Income Relief Payment is being introduced,...
Timeline for moving to level 1 needed The BusinessNZ Network is calling for more clarity about the conditions under which businesses can move to Covid level 1.The network is concerned about large numbers of businesses that are at risk of closure if restrictions...
Focus on jobs and infrastructure good for economy BusinessNZ has welcomed the focus on jobs in today’s Budget.BusinessNZ Chief Executive Kirk Hope said the $3.2 billion extension to the Wage Subsidy Scheme announced today, for a further 8 weeks, was an...
Business welcomes return to level 2 BusinessNZ says its members will welcome the ability to get back to work under level 2 requirements.Chief Executive Kirk Hope said level 4 and 3 restrictions had been difficult and destructive for many businesses and there would be...
Economy needs to reopen on Monday Businesses are urging the Government to move to Level 2 of the Covid lockdown on Monday.BusinessNZ Chief Executive Kirk Hope says there’s a huge desire by businesses to reopen as soon as possible“Given our active case...
Trans-Tasman bubble good for business BusinessNZ says a trans-Tasman bubble would help business recovery in both Australia and New Zealand.Today the Australian and New Zealand Governments announced the start of work on a trans-Tasman COVID-safe travel zone.The...