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15 May 2025 8:06
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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: 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'
     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
     Top Stories

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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
    Net migration is expected to stay low - with global affairs keeping many people where they are More...


     Today's News

    		 International:
    China criticises US-UK trade deal, warning agreements shouldn't 'target or harm any third party' 7:57

     Business:
    Net migration is expected to stay low - with global affairs keeping many people where they are 7:57

     Health & Safety:
    A workplace drug testing company is sounding the alarm, with meth showing up disproportionately in results nationwide 7:47

     Entertainment:
    Jason Kelce finds it "hard" to spend time with his family 7:37

     Accident and Emergency:
    A hay shed containing 14-thousand hay bales has gone up in flames, west of Ashburton 7:37

     International:
    On Trump's second day in the Middle East, a 'tough guy', cybertrucks and a snub 7:27

     Environment:
    Estimations road repairs in Selwyn following recent severe weather, will cost four-million dollars 7:27

     Law and Order:
    Cyclist Rohan Dennis has avoided jail for his actions leading to his wife Melissa Hoskins' death in Adelaide on December 30, 2023 7:17

     Entertainment:
    Gwyneth Paltrow tries to "strike a balance" with her parenting style 7:07

     Health & Safety:
    Shocking rate of serious incidents at childcare centres exposed 7:07

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