Hospitality sector concerned about new wage subsidy criteria

Author
Newstalk ZB,
Publish Date
Thu, 4 Mar 2021, 5:17PM
(Photo / Getty)
(Photo / Getty)

Hospitality sector concerned about new wage subsidy criteria

Author
Newstalk ZB,
Publish Date
Thu, 4 Mar 2021, 5:17PM

There are concerns from hospitality businesses about the criteria for the latest wage subsidy.

Businesses must show a 40 per cent drop in revenue over two weeks compared to a typical fortnight in the six weeks before levels changed on February 14.

However Restaurant Association CEO Marisa Bidois told Heather du Plessis-Allan the issue is that the comparative period earlier in the year was already challenged by Covid-19.

"For many businesses in the CBD, January is already a quiet time for businesses.

"So to show a 40 percent loss comparatively to an already quiet month, it really is making some people pull their hair out."

She says they'd like to see a different comparative period.

"We could even trading in February 2020, for example, or February 2019 as a more stable comparison."

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