News | Politics
5 Jun 2020 21:17
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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.

    © 2020 Newstalk ZB, NZCity


     Other Politics News
     05 Jun: A global survey has revealed alcohol consumption went down, during covid-19 lockdowns
     05 Jun: UN finds thousands killed with 'near impunity' in Philippines war on drugs
     05 Jun: How did Malaysia's Mahathir go from prime minister to being kicked out of his party in a matter of months?
     05 Jun: New National leader Todd Muller is in Queenstown today - following on from wooing Christchurch business owners yesterday
     05 Jun: A blueprint for a trans-Tasman bubble could be used to reopen our borders to the rest of the world
     05 Jun: Queenstown Mayor Jim Boult agrees the tourism township is heading for 18.5 percent unemployment - but only if it does nothing
     04 Jun: A new survey of businesses who claimed the wage subsidy shows it was a lifeline for some workplaces
     Top Stories

    RUGBY RUGBY
    Chiefs coach Warren Gatland knows all too well what it's like to welcome a veteran first-five into an environment More...


    BUSINESS BUSINESS
    A reduced pay offer may yet be a stumbling block to completing the A-League football season More...



     Today's News

    Entertainment:
    Robbie Williams dumped Ayda Field a number of times before they got married 20:45

    Entertainment:
    Carole Baskin has been granted control of Joe Exotic's Oklahoma zoo 20:15

    Law and Order:
    A person has died in a violent incident in Hamilton this evening 19:57

    International:
    Animal Crossing and beyond: Why people are falling in love with 'wholesome' video games 19:47

    Entertainment:
    Sharon Osbourne's brother has compared her to Hitler and Dracula 19:45

    Entertainment:
    Khloe Kardashian doesn't care what people think about her appearance 19:15

    Politics:
    A global survey has revealed alcohol consumption went down, during covid-19 lockdowns 18:57

    Entertainment:
    Lea Michele has been accused of making life a "living hell" for 'Glee' co-star Samantha Ware 18:45

    Politics:
    UN finds thousands killed with 'near impunity' in Philippines war on drugs 18:27

    Entertainment:
    Nick Cannon's children are "scared of police officers" 18:15


     News Search






    Power Search


    © 2020 New Zealand City Ltd