increase font size
Finance Minister Grant Robertson.
Applications for the initial Wage Subsidy scheme in the current Covid outbreak close on Thursday, with applications for the next fortnightly payment will beginning on Friday morning.
“Unlike the scheme that operated in March last year, this Wage Subsidy scheme requires businesses to reapply for each fortnightly payment,” Finance Minister Grant Robertson said.
“The core settings of the Wage Subsidy Scheme remain the same. It is available to eligible businesses wherever they are in New Zealand on the same payment rates, two-week lump sum payments, and the need to show a 40 percent decline in revenue,” Minister for Social Development Carmel Sepuloni said.
“The revenue test period will move forward two weeks from the period used for the first Wage Subsidy August 2021 payment, but the comparator period will remain the same. The revenue test period for a second payment will be the 14 consecutive days from 31 August to 13 September 2021.”
“We are encouraging employers and those self-employed once again to ensure the accuracy of the information they provide, as that will delay processing if it isn’t correct,” Sepuloni said.
Businesses can also apply for the Leave Support Scheme and Short-Term Absence Payment as appropriate, as well as the Resurgence Support Payment, which is a one-off payment administered by Inland Revenue to help meet fixed costs.
OPINION: Welcome to the second annual NZ Dairy Expo at Matamata – an event created to bring together the best of the New Zealand dairy industry in a focused, grassroots environment where dairy farmers and rural professionals can meet, talk, compare products, and make smart decisions for their farms.
OPINION: Judith Collins, Minister for Science, Innovation and Technology, has upset the more woke members of the science community by announcing a regulation change to narrow the scope of the $83.5 million/year Marsden Fund.
It's a bloody tough year for sheep farmers, but the worst may be over, and the future looks optimistic.
One of the country’s two largest supermarket chains is reporting that for the first time since the disruption of Covid, they have largely full supply on almost all fruit and vegetables grown locally.
Covid-19 took global shipping rates to mind boggling highs, but over the subsequent 12-15 months they returned to more sustainable levels. Fast forward to July 2024 and rates have nearly doubled over three months.
Commodity prices and interest rates play a huge role in shaping farmer confidence, but these factors are beyond their control, says Federated Farmers dairy chair Richard McIntyre.
DairyNZ is supporting a proposed new learning model for apprenticeships and traineeships that would see training, education, and pastoral care delivered together to provide the best chance of success.
Two agritech companies have joined forces to help eliminate manual entry and save farmer time.
The recent squabble between the Cook Islands and NZ over their deal with China has added a new element of tension in the relationship between China and NZ.
The world is now amid potentially one of the most disruptive periods in world trade for a very long time.
Former Westland Milk boss Richard Wyeth is taking over as chief executive of Canterbury milk processor Synlait from May 19.
OPINION: Henry Dimbleby, author of the UK's Food Strategy, recently told the BBC: "Meat production is about 85% of our…
OPINION: For the last few weeks, we've witnessed a parade of complaints about New Zealand's school lunch program: 'It's arriving…
