A lot of us are experiencing various disruptions due to Covid outbreak at the moment, so we wanted to remind you that there is various types of Goverment support available. If your business is experiencing disruptions such as supply chain issues (or maybe your...
There has been quite a few updates since our last newsletter, and questions from clients about paying your employees during the Covid outbreak, this has been included in today’s newsletter as well as the following: New Targeted Financial Support for Businesses...
Now that Omicron is in the country and we have moved to the Red traffic light system, it’s recommended, if you haven’t already, that your business has a policy/plan about how you will protect and manage COVID-19, to ensure the least amount of disruption....
At 11:59pm tonight – 2nd of December 2021 all of New Zealand will move to the new COVID-19 Protection Framework (traffic light system). You can read about what this mean’s for businesses and about the capacity limits / defined spaces in the following...
The Government’s announcement on the next stage of the COVID-19 response plan introduces a new framework of measures that will commence when 90% of eligible New Zealanders are fully vaccinated. The new framework has three levels: Red, Orange and Green. Each has...
Cashflow is a business’s lifeline. Without it, there’s a significant chance a business will cease to exist; even if it’s profitable. Wondering if your cashflow is worth taking time to think about? Then consider this. If you are:• Unable to cover your total monthly...
This month we were invited to BNZ’s 4 panelists discussion on who’s at the forefront of our future supply & freight issues in & out of New Zealand.It was quite a sobering talk for me, as I thought as soon as Covid had settled and in 6 months’ time,...
UPDATES ON LAST WEEK’S NEWSLETTER: THE WAGE SUBSIDY – THE MAIN POINTS TO BE AWARE OF:• Eligible businesses would need to have had a 40% drop in revenue over a consecutive 14-day period between 17 August and 30 August, compared to the fortnightly revenue...
FINANCIAL SUPPORT AVAILABLE FOR BUSINESSES – WHAT HAS BEEN ANNOUNCED SO FAR: THE WAGE SUBSIDY – NEW AMOUNTThe Government has announced that eligible businesses will be able to apply for the wage subsidy scheme via the Work and Income website from Friday...
OUTCOME OF LAST WEEKS RESERVE BANK ANNOUNCEMENT: AUGUST OCR HIKE PREDICTION AND REDUCED ECONOMIC STIMULUS What we know… The Reserve Bank has just announced that the official cash rate will remain at 0.25%. This can be seen as the wholesale rate that the banks can...
