News and releases

The Government is progressing with changes to insolvency and company law through the COVID-19 Response (Further Management Measures) Legislation Bill, which has been introduced to Parliament.

The Government announced today it will provide interest free loans for a year to small businesses impacted by the COVID-19 response.
Many business have been unable to trade through Level 4 and some remain unable to re-open safely at Alert Level 3. By taking these measures needed to keep all of us safe, some small businesses have no revenue to meet fixed costs.

New Zealand remains in Alert Level 4 and all New Zealanders should continue to stay home to save lives. Only businesses that are essential can operate premises for workers who cannot work from home during the Alert Level 4 period.

More detail about the business support for affected businesses in the aftermath of the Whakaari/White Island volcanic eruption in Whakatāne has been released today by the Ministry of Business, Innovation and Employment (MBIE).

The Government is backing the recommendations in the Small Business Council’s Strategy and has unveiled 3 initiatives to begin implementing.