News
Combating Debt in the Wake of COVID-19
Additional funding is being made available to strengthen existing debt solution services with access to debt specialists, and develop a national approach to address problem debt Minister for Social Development Carmel Sepuloni and Minister for Commerce and Consumer Affairs Hon Kris Faafoi announced today. “Given the economic impact of COVID-19, we’re addressing problem debt by expanding existing specialist debt services to ...
July 2020 Update from Stephen to all our valued clients
Please watch the video below for a message from Stephen to all of our valued clients. Disclaimer: The information and advice contained in this video and on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from ...
Extended Loan Scheme keeps business afloat
Small businesses are getting greater certainty about access to finance with an extension to the interest-free cashflow loan scheme to the end of the year. The Small Business Cashflow Loan Scheme has already been extended once, to 24 July. Revenue and Small Business Minister Stuart Nash says it will be further extended to 31 December, to give assurance that business support ...
Infrastructure investment to create jobs, kick-start COVID rebuild
A new package of infrastructure investments will help kick-start the post-COVID rebuild by creating more than 20,000 jobs and unlocking more than $5 billion of projects up and down New Zealand. Finance Minister Grant Robertson and Infrastructure Minister Shane Jones yesterday outlined how the $3 billion infrastructure fund in the COVID Response and Recovery Fund will be allocated across regions, following ...
Monetary Policy easing to continue
The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) programme aimed at keeping interest rates low for the foreseeable future. The LSAP quantum remains set at $60 billion. The assets included are New Zealand Government Bonds, Local Government Funding Agency Bonds, and NZ Government Inflation-Indexed Bonds. The Committee is committed to reviewing this quantum at ...