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19 Apr 2024 23:16
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  •   Home > News > Politics

    A new survey of businesses who claimed the wage subsidy shows it was a lifeline for some workplaces

    A new survey of businesses who claimed the wage subsidy shows it was a lifeline for some workplaces


    94 percent of businesses surveyed say it had a positive impact on cashflow... while 62 percent say it helped manage non-wage costs like rent.

    But Social Development Minister Carmel Sepuloni says the survey also shows some businesses weren't aware of the full range of support available.

    And six percent of respondents still intend to make staff redundancies in the coming months.

    To date, the wage subsidy has paid out over 10 billion dollars... to one point six six million workers.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
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     19 Apr: Auckland Action Against Poverty says it's time to start a conversation about the meaning of work in New Zealand
     18 Apr: German far-right leader Björn Höcke on trial for allegedly using Nazi slogan — his 'extremist' party is one of the country's highest-polling
     18 Apr: Mayor Wayne Brown says he's not convinced rules on earthquake-prone buildings should apply to Auckland, but he welcomes the Government bringing forward a review
     18 Apr: Britain's foreign minister David Cameron says Israel has decided to retaliate against Iran
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