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27 Apr 2024 5:44
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      Home > News > Business

    Relief over news of more financial support for businesses hard-hit by lockdowns

    Relief over news of more financial support for businesses hard-hit by lockdowns


    A one-off transition payment will be made to businesses of four-thousand dollars, with an extra 400 dollars per employee.

    It caps off at 50 people - meaning businesses can collect up to 24-thousand dollars.

    Applications open December 10, and a last round of wage subsidy and resurgence support payments opens this Friday.

    Auckland Business Chamber Chief Executive Michael Barnett says Government support is appreciated - and needed.

    He says the transition payment will be extremely welcome, and will help businesses ease into this new environment.

    Financial support for workers isolating or waiting on a test result will also continue in each Traffic Light setting.

    © 2024 Newstalk ZB, NZCity

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