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15 May 2025 1:09
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      Home > News > Business

    More than 850 million dollars is still owing in loans through the Covid Small Business Cashflow Scheme - issued in 2020

    More than 850 million dollars is still owing in loans through the Covid Small Business Cashflow Scheme - issued in 2020


    Inland Revenue says businesses are now reaching their cut-off point.

    More than 129-thousand businesses were lent a total two-point-four-billion-dollars.

    As of the end of April, 64 thousand had repaid in full.

    Inland Revenue says any amounts not paid by next month will be in default.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     14 May: PAK'nSAVE has scored best for a second month - in international supermarket price comparisons
     14 May: A planned three billion dollar inland port in Otago hopes to support soaring freight volumes in the region
     14 May: The Finance Minister says changes are coming for New Zealanders' KiwiSaver in the Budget next week
     14 May: American fried chicken chain Popeyes has its sights set on Christchurch
     13 May: Belief injecting taxpayer dollars into venture capital - has a high risk
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    A change in position hasn't been a consideration for Jorja Miller on her return to 15-aside rugby with the Black Ferns More...

    BUSINESS BUSINESS
    ANZ's reacting staunchly to a Consumer survey ranking them poorly among customers More...


     Today's News

    		 Politics:
    The Greens want a wealth tax, and to lift companies tax and mining royalties 21:57

     Entertainment:
    Pope Leo XIV's brother always told him he was "weird" 21:37

     Basketball:
    The Oklahoma City Thunder are one win away from a trip to the NBA's western conference finals, winning game five of their semi-final against Denver Nuggets 21:17

     Entertainment:
    Britney Spears has caused fresh fears by posting and quickly deleting a raunchy new social media video 21:07

     Politics:
    Trump looking to build 'normal relations' with Syrian leader Ahmed al-Sharaa after easing sanctions 21:07

     Entertainment:
    Rob Lowe has shared vivid memories of his grandmother Mim's battle with breast cancer 20:37

     Entertainment:
    Morgan Wallen walked off the 'Saturday Night Live' stage because he was simply ready to leave 20:07

     Entertainment:
    Lil Wayne has been accused of physical abuse by his ex-girlfriend Denise Bidot 19:37

     Entertainment:
    Michael Douglas has been hailed as a "wonderful" boyfriend by one of his longest-standing exes 19:07

     Law and Order:
    A Christchurch man found guilty in 2022 of murdering his three-month old daughter - has appeared before the Court of Appeal 18:57

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