No plans for a third extension to the wage subsidy scheme
No plans for a third extension to the wage subsidy scheme
10 June 2020
The second tranche - which runs for eight weeks - starts from today.
Finance Minister Grant Robertson says after the eight weeks - that should be it.
He says the plan all along has been to become more targeted as things start to open up.
Applications for the extension open now for companies that have had a revenue loss of at least 40 percent for a continuous 30 day period.
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