COVID-19 Government Assistance Update – August 23, 2021

Posted in COVID-19

Since our last Blog, the Level 4 lockdown for areas outside of Auckland has been extended until the end of this week and Auckland has been extended until Tuesday next week.  The Alert Levels for areas outside of Auckland will…

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COVID19 – Brief update, 19 August 2021

Posted in COVID-19 #covid 19

Cabinet meets tomorrow to discuss the current Alert Level settings. While we wait on an update on Alert Levels, we suggest you consider the following (where applicable/relevant):  Start planning for the possibility of Level 3 trading. If you turn your mind back…

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Covid-19 returns, not again.

Posted in COVID-19

Well… here we go again. The inevitable has finally happened and Covid has reared its ugly head. As you will surely be aware, at this stage the Auckland and Coromandel regions have shifted into a 7-day lockdown, with the rest…

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Update on Covid support

Posted in Business

New round of Wage Subsidy announced The Government has announced that Wage Subsidy is making a return for Round 4. This was signalled when the recent increase to the alert levels first occurred in the weekend. Applications will be able…

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Resurgence Support Payments – Part II

Posted in COVID-19

The announcement of an increase in Covid alert levels for at least 7 days means that another round of Resurgence Support Payment (RSP) will become available next week. Claims for the past level increase (the week beginning February the 15th)…

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Resurgence Support Payments

Posted in Accounting & Advisory

After the recent Auckland Community cases, the Government introduced a new mechanism to support businesses. The new scheme known as Resurgence Support Payments (“RSP”) is activated by a decision of Cabinet. Generally, this will be anytime Level 2 or higher…

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Has your business adapted since Covid 19?

Posted in Accounting & Advisory

Are you focusing your time and energy on the right things at the moment? The things you CAN control, that will help your business thrive? Or are you focussing on things you can’t control, like politics, rules, regulations, outbreaks, lockdowns etc? The…

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Business Finance Guarantee changes…some further thoughts

Posted in Business

Our blog last week has generated a lot of discussion. Something we’ve been asked is why the old scheme failed so badly, and do we think the improved scheme will perform any better. Here is our opinion on this. Why…

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Big changes to the New Zealand Business Finance Guarantee Scheme

Posted in Business

The Government-backed Business Finance Guarantee (or BFG) scheme has been an epic failure. The scheme was too restrictive and there was too much red tape. The Government set aside $6b+ for the scheme when the scheme was announced. However, to…

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Government support announced for recent COVID19 outbreak in New Zealand

Posted in COVID-19

After months of ongoing bungles at isolation centres, the inevitable occurred, and Covid-19 is back in the community and Auckland is back in Level 3 lockdown. The travel restrictions on Aucklanders are going to be particularly hard on the tourism…

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