1 May 2020

Govt pledges interest-free loans to small businesses

From Checkpoint, 5:18 pm on 1 May 2020

The government is to give small businesses interest free loans to help them with the economic turmoil post-lockdown.

The Small Business Cashflow Loan Scheme will provide assistance of up to a $100,000 to firms employing 50 or fewer full time employees.

But the Opposition says it does not go far enough and may be little too late.

RNZ political reporter Charlie Dreaver has the details