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15 May 2025 14:43
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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
     15 May: A whopping 65.3 percent rise for butter is causing pain at the checkout
     15 May: The Government says it's aiming to invest in social services early, to prevent future harm and save costs
     15 May: The property market is slowing down despite an increase in sales
     15 May: New Zealand's only aluminium recycler may close because of a gas shortage
     15 May: Net migration is expected to stay low - with global affairs keeping many people where they are
     14 May: ANZ's reacting staunchly to a Consumer survey ranking them poorly among customers
     14 May: Kim Kardashian's court evidence included tears, forgiveness and details about how her life changed 'forever'
     Top Stories

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    Jorja Miller's Black Ferns 15s test debut will wait another week More...

    BUSINESS BUSINESS
    A whopping 65.3 percent rise for butter is causing pain at the checkout More...


     Today's News

    		 Entertainment:
    John Legend thinks Kelsea Ballerini has been "very good" on 'The Voice' 14:37

     Environment:
    Return of the huia? Why Maori worldviews must be part of the ‘de-extinction’ debate 14:17

     Entertainment:
    Bella Hadid "can't wait" to become a mother 14:07

     Business:
    A whopping 65.3 percent rise for butter is causing pain at the checkout 14:07

     Netball:
    Former Silver Fern Donna Wilkins has some sympathy for her Mainland Tactix players amid a murky future for the ANZ Premiership competition 13:57

     Health & Safety:
    Israeli strike on European Hospital in southern Gaza kills at least 16 people 13:47

     Law and Order:
    A 39-year-old man's before Waitakere District Court - accused of a lego-stealing spree across the North Island 13:47

     Entertainment:
    Kim Kardashian has "forgiven" the ringleader of her Paris robbery 13:37

     Golf:
    Rory McIlroy is brushing off Bryson DeChambeau's comment about the pair not speaking during the final round of golf's Masters tournament last month 13:27

     Entertainment:
    Delta Goodrem "always looked up" to Dame Olivia Newton-John 13:07

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