Curly COVID-19 New Zealand wage subsidy scenarios

Posted in Business

There are a couple of scenarios that we have come across multiple times in the last couple of weeks. It turns out that WINZ has a secondary website that contains some useful and concise information that…

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Wage subsidy extension open for applications

Posted in Business

The Wage Subsidy Extension went live yesterday morning.  The full criteria were published at the same time.  As we saw with the original scheme, we expect that the information WINZ published will change over time. The turnover drop threshold and…

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Level 1 – Freedom (within our borders at least)!

Posted in Covid-19

Double-dose of good news…there are officially no Covid-19 cases in NZ and Level 1 will commence from midnight Tuesday 9th.  The shift to level 1 will give businesses the first real sense of what “normal” is going to look like…

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New normal seems to be on the horizon

Posted in Business

As we write this article there is just one remaining “active” case of Covid-19 as there has been no new cases for 12 days.  There seems no obvious reason why we have not already moved to Level 1.  In terms…

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Breweries pivot for COVID19

Posted in Business

While the national lockdown brought the country to a standstill for more than a month, it’s been awesome to see many New Zealand businesses pivoting their brand’s offerings, marketing and strategies in light of Covid-19.  Two such businesses, WK clients…

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Budget 2020 – long term solution for an immediate problem?

Posted in Business

New Zealand Budget 2020 was promised to be the “jobs budget” by the Prime Minister just yesterday.  However, it is difficult to see how this budget saves or creates many jobs in the short term.  Of course, it must be…

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Modest government loans for small businesses

Posted in Business

From the 12th of March 2020, businesses have been able to apply for the “Small Business Cash-flow Scheme” or “SCBS” loans directly from Inland Revenue. Inland Revenue will accept loan applications from 12 May to 12 June. Applications can only…

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COVID19 Level 2 – levelling-out

Posted in Business

The New Zealand Prime Minister has announced what Level 2 will look like.  The decision to shift to Level 2 is yet to be made.  Cabinet meets on Monday to decide if, and when, the shift to Level 2 will…

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New Zealand Government announces Small Business Cashflow Scheme and Business Finance Guarantee Scheme

Posted in Business

Some good news before the weekend We are happy to report that there have been a few good positive developments for businesses in the past two days.  These are: Introduction of a loan scheme for small businessesIntroduction of a loss…

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COVID-19 Level 3 – a little slice of normality is on the horizon

Posted in Business

Yesterday, the New Zealand Government announced the shift to Level 3 after this long weekend.  Level 3 will last at least 2 weeks and will be reviewed on the 11th of May.  Level 3 isn’t really the end of lockdown;…

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