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14 Sep 2025 13:04
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      Home > News > Politics

    Support for Kiwi companies facing insolvency as a result of COVID-19

    Support for Kiwi companies facing insolvency as a result of COVID-19


    The Government's introducing legislation to make changes to the Companies Act, to help firms remain viable and keep New Zealanders in jobs.

    Temporary changes include giving directors of companies facing liquidity a safe harbour, enabling affected businesses to place existing debts into hibernation, and allowing the use of electronic signatures.

    They've also extended the deadlines for company meetings and annual returns.

    Finance Minister Grant Robertson says the measures will cushion the economic impact on businesses.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 International:
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    Warriors coach Andrew Webster reckons they need to hit another level if they're to genuinely challenge for the NRL title 12:27

     Accident and Emergency:
    Emergency services have closed Hansens Line, in Palmerston North, due to a serious crash 11:57

     Politics:
    Maori Language Week kicks off today, with it marking its 50th anniversary 11:47

     Law and Order:
    Marakopa fugitive Tom Phillips spent several months outdoors learning bushcraft and survival skills at one of New Zealand's most prestigious private schools 11:07

     Rugby:
    The All Blacks have taken a giant step backwards in a 43-10 crushing at the hands of South Africa in Wellington 10:47

     Cycling:
    Denmark's Jonas Vingegaard is on the verge of claiming a maiden Vuelta Cycle Classic 10:37

     Rugby League:
    This won't be the Warriors season after all...bundled out of the NRL playoffs by Penrith after a 24-8 loss at Mt Smart 10:27

     Politics:
    Parramatta Road could get up to 8,000 new homes close to Sydney CBD in rezoning plan 10:17

     Rugby:
    A rark-up at halftime has spurred the Black Ferns to a semi-final berth at the women's Rugby World Cup in the UK 9:47

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