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12 Aug 2020 6:58
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  •   Home > News > Business

    Hope more tourism businesses in hard-hit Queenstown will benefit from government funding

    Hope more tourism businesses in hard-hit Queenstown will benefit from government funding


    AJ Hackett Bungy will get up to 10.2 million dollars of Covid-19 recovery support.

    It's part of the 400 million dollar Tourism Sector Recovery Package.

    Queenstown Mayor Jim Boult says no one could argue the bungy company - which started in the late 80s - isn't an iconic part of the region.

    But he says so are many other local businesses who applied for funding.

    Boult says hopefully this will let more of them weather the post-Covid storm.

    © 2020 Newstalk ZB, NZCity


     Other Business News
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     11 Aug: Fletcher Building says it's in a good spot to weather any more possible storms of Covid-19
     11 Aug: Fletcher Building expects a net earnings loss of 196-million dollars for the year to the end of June, mainly due to the impacts of Covid-19
     11 Aug: Don't wait for a trigger to seek financial advice
     10 Aug: A new report shows pokie gambling in New Zealand pubs and clubs, is costing the retail sector more than 400-million dollars a year
     10 Aug: More turbulence on the horizon for Kapiti Coast Airport, which is once again at threat of closure in the wake of Covid-19
     10 Aug: It might not be all bad for the South - when the Tiwai Point aluminium smelter closes
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