ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Should the wage subsidy scheme be extended?

Author
Newstalk ZB,
Publish Date
Thu, 30 Apr 2020, 10:20am
Photo / File
Photo / File

Should the wage subsidy scheme be extended?

Author
Newstalk ZB,
Publish Date
Thu, 30 Apr 2020, 10:20am

A business advocate doubts the need to extend the wage subsidy scheme.

The Government is considering its options to extend the scheme after the current 12-week period.

Former Business NZ head Phil O’Reilly told Mike Hosking after 12 weeks of wage support, businesses will either be back on their feet, or not.

He says effectively after 12 weeks you're masking unemployment, and if businesses are unsustainable by then, it could be best the owners move on and workers look for other jobs.

Phil O’Reilly says commercial rent relief is what businesses need desperate clarity on right now.

LISTEN ABOVE

Take your Radio, Podcasts and Music with you